The integration with fellow services company Cameron International will help drive momentum forward as the market recovers, Schlumberger said. Schlumberger made the offer for the Houston-based maker of tools for oil field development in August, saying the combined entity would have a “pore-to-pipeline” footprint in the industry. When announcing the deal, Schlumberger Chief Executive Officer Paal Kibsgaard said innovation and integration would help companies like his survive the market downturn. “The rationale for this acquisition lies in our belief that the industry’s next technical breakthrough will be achieved through the integration of Schlumberger downhole reservoir and well technologies with Cameron surface drilling, processing, and flow control technologies,” he said in a statement accompanying a full-year […]