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Schlumberger, the world’s leading oilfield services company, said today it is acquiring equipment maker Cameron in a deal valued at US$14.8 billion (RM62.9 billion). For replacement purposes, Cameron’s investors will receive $14.44 in cash and 0.716 of...

Meanwhile, Schlumberger Limited. (NYSE:SLB), which is the biggest oilfield services company in the world, saw its revenue decline by 25% YoY to $9.01 billion.