Schlumberger Acquires GeothermEx

27 April 2010 (Last Updated April 27th, 2010 18:30)

Oilfield-services giant Schlumberger has acquired geothermal consulting services company GeothermEx. The company will now become an integrated part of Schlumberger Geothermal Services, which covers the full spectrum of resource exploration, development and production services.

Oilfield-services giant Schlumberger has acquired geothermal consulting services company GeothermEx.

The company will now become an integrated part of Schlumberger Geothermal Services, which covers the full spectrum of resource exploration, development and production services.

Schlumberger said the integration of the two companies will help to efficiently develop geothermal projects worldwide.

GeothermEx specialises in geosciences, drilling, engineering, project development, reservoir management and economic analysis.