Schlumberger sells off fracking business to Liberty Oilfield Services

All-stock deal, expected to close in fourth quarter, valued at $448 million

Strategy shift: Schlumberger chief executive Le Peuch — Strategy shift: Schlumberger chief executive Le PeuchPhoto: SCHLUMBERGER

Caroline Evans

Houston

Liberty Oilfield Services Schlumberger North America United States Canada

Published 1 September 2020, 14:32Updated 1 September 2020, 20:11