Who bought Cooper Cameron?
Schlumberger
Cameron was acquired by Schlumberger (SLB) in 2016, and now operates as ‘Cameron, a Schlumberger Company. ‘ At the start of the SLB acquisition in 2015, Cameron employed approximately 23,000 people and delivered $9.8 billion in revenue.
When did Schlumberger acquire Cameron?
April 1, 2016
HOUSTON, April 1, 2016—Schlumberger Limited (NYSE:SLB) announced today that it has closed its merger with Cameron International Corporation.
What does Cameron Schlumberger do?
Cameron has been a Schlumberger company since 2016. Our dedicated and experienced people are committed to providing state-of-the-art wellhead, surface, and flow control products, systems, and services to oil, gas, and process companies around the world.
Is Schlumberger selling Cameron?
Schlumberger acquired Houston-based Cameron International Corp. in 2016 for $14.8 billion. Cameron is cutting staff in response to a diminishing market for its services as increased supply from OPEC and other producing countries piles on top of decreased demand due to the Covid-19 pandemic.
How much did Schlumberger pay for Cameron?
The agreement was unanimously approved by the boards of directors of both companies. Under the terms of the agreement, Cameron shareholders will receive 0.716 shares of Schlumberger common stock and a cash payment of $14.44 in exchange for each Cameron share.
What kind of company is Cooper Cameron Corporation?
Cameron International Corporation (formerly Cooper Cameron Corporation, CCC) is a Schlumberger company and a global provider of pressure control, processing, flow control and compression systems as well as project management and aftermarket services for the oil and gas and process industries.
Where can I find Cooper Cameron Valve products?
Sensia absorbed the flow measurement products of Cameron, most notably its ultrasonic flowmeter line that originated in Caldon. If you are looking for Cooper Cameron products or valves, go to www.cameron.slb.com . If you are looking for Cameron flowmeter products, go to www.sensiaglobal.com .
When did Cooper Cameron change its name to Cameron?
Like McCrometer’s V-Cone meter, it is designed to measure flow in tight spaces where upstream pipe flow is limited. In July 2006, Cooper-Cameron officially shortened its name to Cameron. The announcement was made by Ed Will of Cameron’s Drilling & Production Group.
What kind of compressor did Cooper and Cameron make?
After World War II, the compact design of the AJAX® compressor helped make it the leading compressor model in the U.S. oil and gas industry. COOPER and CAMERON systematically expanded the product line – all the way to the current top model, the 845-horsepower AJAX® 2804.