Houston’s SLB, formerly Schlumberger, to buy Kelvion for $3.4B
- Posted on August 31, 2026
- By Houston Chronicle
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- 1 min read
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Houston’s SLB, formerly Schlumberger, to buy Kelvion for $3.4B
The $3.4 billion cash deal is expected to close in 2027 and also includes SLB taking on $700 million in debt as part of its acquisition of German thermal tech company Kelvion.
