- Schlumberger (SLB +0.6%) is higher after Malaysia's state-run oil company Petronas signs an agreement with to license a "significant part" of a deepwater multi-client seismic survey in the Campeche basin of the southern Gulf of Mexico.
- More than 80K sq. km of newly imaged subsurface data, which have been acquired in the last 12 months, are available for companies participating in exploration in Mexico, which has opened licensing rounds to non-government companies for the first time.
- SLB also won a significant chunk of a Venezuelan deal called one of the world's biggest drilling projects; SLB plans to drill 80 wells in Orinoco Belt as part of a 480-well, $3.2B project.