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In 2015, due to a downturn in the global oil and gas industry, Schlumberger announced 21,000 layoffs accounting for 15% of the company's total workforce. [33] In 2015, Schlumberger agreed to acquire oilfield equipment manufacturer Cameron International for $14.8 billion. [28]
Original Cameron Iron Works Building. On the National Register of Historic Places Park Towers South, which was the former headquarters of Cameron. Cameron International Corporation (formerly Cooper Cameron Corporation (CCC) and Cooper Oil Tool, Cameron Iron Works) though now operating under Schlumberger, is a global provider of pressure control, production, processing, and flow control systems ...
Kibsgaard started his career with ExxonMobil in 1992, and joined Schlumberger in 1997. [2] He became its CEO in August 2011, [4] succeeding Andrew Gould, who retired as chairman and CEO. [5] He was replaced by Olivier Le Peuch in August 2019. [6] Under his leadership, the company laid off approximately 70,000 employees in less than three years. [7]
Cameron Chairman, President and CEO, Jack B. Moore said, "Our new venture with Schlumberger provides a powerful marriage of their oilfield services technology and our subsea equipment heritage.
Cameron would manage OneSubsea with a 60% interest, with Schlumberger retaining 40%. [7] [8] In January 2015, Helix, OneSubsea and Schlumberger formed the Subsea Services Alliance to develop technologies and deliver equipment and services to optimize the value chain of subsea well intervention systems. [9]
The layoffs represent about 1.3% of the company’s global salaried workforce of 76,000 as of the end of last year. That included about 53,000 U.S. salaried employees. That included about 53,000 U ...
Michael Wayland, CNBC. July 30, 2024 at 12:01 PM. Marco Bertorello. DETROIT — Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the ...
Smith International. Smith International was a Fortune 500 company headquartered in the Greenspoint district and in unincorporated Harris County, Texas. [2][3] Smith International ceased to exist as an independent company following the merger with Schlumberger. This company supplies products to gas and oil production and exploration companies.