Analysts view the marriage of the subsea expertise at Cameron, led by chief executive Jack Moore, and that of Schlumberger, led by chief executive Paal Kibsgaard, as a win-win deal for the partners.
However, views are mixed as to what this means for competitors, such as FMC Technologies and Dril-Quip.
“For Dril-Quip and FMC, it’s probably a net positive, as it will increase the market size over time,” said James West, oilfield services analyst with Barclays.
“However,
