Schlumberger buys Cameron Report

Insight 08 September 2015

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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

Schlumberger's acquisition of Cameron International announced August 26th will consolidate Schlumberger's position as the largest company in the oilfield service sector. The deal will expand Schlumberger's presence and capabilities in the equipment manufacturing segment. The impact of the deal on the sector could be significant and will trigger further consolidation in the oil services sector.

Executive Summary
- Cameron acquired at a premium by Schlumberger
- Turbulent times are backdrop to this deal
- Strategic rationale
- Impact on the subsea market will be minimal in the short term
- Further M&A in the service sector is expected
- Regulatory risks

Tables and charts

This report includes the following images and tables:

Share price performance since August 2014
Revenue by region 2015 - First six months, split between North America and Rest of the World (ROW)*
CAM: Subsea revenues as a proportion of revenues
FMC: Subsea revenues as a proportion of revenues