Schlumberger to merge North America fracking unit with Liberty Oilfield Services

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Schlumberger to merge North America fracking unit with Liberty Oilfield Services
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Schlumberger said on Tuesday it would combine its North America fracking business with Liberty Oilfield Services Inc and take a 37% stake in the new combined company.

FILE PHOTO: The exterior of a Schlumberger Corporation building is pictured in West Houston January 16, 2015. REUTERS/Richard Carson.

FILE PHOTO: The exterior of a Schlumberger Corporation building is pictured in West Houston January 16, 2015. REUTERS/Richard Carson
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