Oilfield services firm Schlumberger acquires Calgary spin-off Gushor.
Gushor, a geochemistry analysis firm which specialises in production and exploration for the oil industry, has been acquired by Schlumberger, one of the world’s largest oilfield services companies for an undisclosed amount.
The deal will provide Schlumberger with innovative technology to aid the firm with the discovery and development of potential oil fields developed by the Canada-based Gushor, which spun out from Calgary University in 2006.
Sameh Hanna, president of testing services at Schlumberger, said: “The addition of Gushor will…
