Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Sunday, July 8, 2012

Anton Oilfield Sells 20% Stake to Schlumberger for $82 Million

Schlumberger Takes Minority Stake in Antonoil
Energy Digital (press release)
With the growing influence of China on the global energy arena, international oilfield services companies have set their sights on the PRC market and increased their investments there. Chinese oilfield services companies have also found it advantageous ...


Anton Oilfield Sells 20% Stake to Schlumberger for $82 Million

Businessweek -
By Dan Hart on July 08, 2012 China's Anton Oilfield Services Group (3337) sold a 20 percent stake to Schlumberger Ltd., the world's largest oilfield-services provider, Antonoil said. Schlumberger purchased 423.4 million shares of Antonoil, ...

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