Schlumberger to Purchase Majority Stake in Aker Carbon Capture Joint Venture

Thursday, 28 March 2024, 00:48

Schlumberger (SLB) has entered into an agreement to acquire an 80% stake in the Aker Carbon Capture joint venture for at least $381 million. The deal involves a cash payment of NOK4.12 billion (~$381.5 million) and additional performance-based payments.

https://store.livarava.com/bb812303-ec9d-11ee-aecc-63fd8ea994ba.jpg — Schlumberger to Purchase Majority Stake in Aker Carbon Capture Joint Venture

Schlumberger's Acquisition of Aker Carbon Capture

Schlumberger, a prominent oilfield services company, has finalized a deal to purchase an 80% stake in the Aker Carbon Capture joint venture. The acquisition involves a substantial cash payment of NOK4.12 billion (~$381.5 million) and potential additional payments based on performance.

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