Houston-based Schlumberger Technology Corp., a subsidiary of Schlumberger Ltd., Zug, Switzerland, (NYSE: SLB), has commenced a cash tender offer to purchase any and all of one series of its outstanding notes.
The company is offering to purchase for cash any and all of its 6.5% notes due 2012.
Schlumberger is the world's leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide.
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