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OakesCS

08/27/15 12:14 AM

#10664 RE: jbog #10660

It's a bit of a twist on SLB's tendency to buyout join venture companies.

I wouldn't be surprised if there was a lot of tire kicking starting about 1 yr ago but Cameron has trimmed several bits over the past several yrs so I think Cameron was probably making itself more attractive to a buyout in general rather than spalling off the turbine business as part of a specific agreement with SLB.