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Schlumberger was founded in 1926 in Paris as the Electric Prospecting Company ( French: Société de prospection électrique) by two brothers Conrad and Marcel Schlumberger from Alsace. [10] Schlumberger supplies the petroleum industry with services such as seismic data processing, formation evaluation, well testing and directional drilling, well cementing and stimulation, artificial lift ...
Kuwait is a country in Western Asia. Situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, it shares borders with Iraq and Saudi Arabia. As of 2016 [update], Kuwait has a population of 4.2 million people; 1.3 million are Kuwaitis and 2.9 million are expatriates. [1] Oil reserves were discovered in 1938. From 1946 to 1982, the country underwent large-scale ...
Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [2]
Dow was founded in 1897 by chemist Herbert Henry Dow, who invented a new method of extracting the bromine that was trapped underground in brine at Midland, Michigan. [10] The company originally sold only bleach and potassium bromide, achieving a bleach output of 72 tons a day in 1902. Early in the company's history, a group of British manufacturers tried to drive Dow out of the bleach business ...
In 1934 KPC received the first Kuwait Oil Concession Agreement after it was originally formed by the Gulf Oil Corporation and the Anglo-Persian Oil Company. In 1975 the state signed agreements with British Petroleum and Gulf and after its shares were progressively increased, [2] Kuwait Petroleum Corporation was founded on 27 January 1980 [3] as an umbrella company, integrating KOC, KNPC, KOTC ...
The move is part of a major push by the company to increase shareholder support for Musk’s pay package. The company says passing it is essential to ensure Musk’s focus stays on Tesla, and ...
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