Global Resource Corporation provides additional details regarding joint development agreement with Schlumberger
Global Resource Corporation, a developer of a patent-pending microwave technology and machinery for a range of applications, today provided additional details regarding the company's joint development agreement with Schlumberger Limited, the world's leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide.
Schlumberger, the world's largest oilfield services company, is in advanced talks to acquire smaller rival Smith International Inc, The Wall Street Journal reported today, citing people familiar with the negotiations.