Schlumberger - The biggest/baddest oil service company Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Schlumberger - The biggest/baddest oil service company

SLB 36.20

-0.3%

9:37 AM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Chad Beemer who wrote (148)	9/3/1999 1:36:00 PM
From: Neil H	Read Replies (1) of 216

Related Quotes SLB 64 11/16 +3/4 delayed 20 mins - disclaimer Friday September 3, 10:41 am Eastern Time Schlumberger wins large offshore Norway deal OSLO, Sept 3 (Reuters) - Norway's Statoil [STAT.CN] said on Friday it had awarded oil service company Schlumberger (NYSE:SLB - news) a contract worth between 500 million and one billion crowns ($64 million and $128 million) for electrical well logging. Due to run for six years, including renewal options, the deal covers a series of Norwegian fields as well as exploration off Norway. It can also be extended to other fields in Norwegian waters or elsewhere, Statoil said. Statoil said the ultimate value of the contract depended on the activity level during the contract's lifetime. The deal initially covers North Sea fields Statfjord, the Statfjord satellites, Gullfaks, Huldra, Sleipner East and West, Yme, Troll and Veslefrikk. It also includes Norne, Heidrun and the Heidrun satellites in the Norwegian Sea. Statoil said it was the ninth and final deal in the present round of drilling and service contracts, which all come into force this autumn and have a combined value of four to five billion crowns ($639.9 million). ($1 equals 7.814 Norwegian Crown

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next