Schlumberger in advanced talks to acquire Smith International: report
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.
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.