Form 8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 


 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): April 30, 2004

 


 

SCHLUMBERGER N.V. (SCHLUMBERGER LIMITED)

(Exact name of registrant as specified in its charter)

 


 

Netherlands Antilles   1-4601   52-0684746

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

153 East 53rd Street, 57th Floor

New York, New York

  10022-4624

42, rue Saint-Dominique

Paris, France

  75007

Parkstraat 83,

The Hague,

The Netherlands

  2514 JG
(Addresses of principal executive offices)   (Zip or Postal Codes)

 

Registrant’s telephone number in the United States, including area code: (212) 350-9400

 



Item 5. Other Events.

 

The information included in the press release filed as Exhibit 99.1 to this Form 8-K is incorporated by reference herein.

 

Item 7. Financial Statements and Exhibits.

 

  (c) Exhibits

 

  99.1 Press Release dated April 30, 2004


SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

SCHLUMBERGER N.V.
(SCHLUMBERGER LIMITED)
By:  

/s/ Frank A. Sorgie


    Frank A. Sorgie
    Chief Accounting Officer

 

Date: April 30, 2004

Press Release dated April 30, 2004

Exhibit 99.1

 

LOGO

 

Schlumberger Sells its Remaining Holding in Atos Origin

 

NEW YORK, April 30, 2004 - Schlumberger Limited announced today that its subsidiaries, Schlumberger Investments Limited and Schlumberger S.A., have sold their entire residual holding in Atos Origin, amounting to a total of 9.7 million ordinary shares of Atos Origin, at a price of €48.50 per share in a private placement to institutional investors.

 

Following completion of the sale, which is subject to customary conditions, Schlumberger will not retain any participation in Atos Origin.

 

Schlumberger expects to apply the proceeds to reduce net debt.

 

Schlumberger and Atos Origin confirm the previously announced agreement whereby Atos Origin will provide outsourcing and systems integration services to Schlumberger over a maximum period of 7 years, up to a contract value of $700 million.

 

About Schlumberger

 

Schlumberger is the world’s leading oilfield services company supplying technology, project management and information solutions that optimize performance for customers working in the oil and gas industry. The company employs more than 50,000 people of over 140 nationalities working in 100 countries, and comprises two primary business segments. Schlumberger Oilfield Services supplies a wide range of products and services from formation evaluation through directional drilling, well cementing and stimulation, well completions and productivity to consulting, software, information management and IT infrastructure services that support core industry operational processes. WesternGeco, jointly owned with BakerHughes, is the world’s largest seismic company and provides advanced acquisition and data processing services. In 2003, Schlumberger operating revenue was $11.4 billion. For more information, visit www.slb.com

 

Note

 

The securities offered will not be and have not been registered under the Securities Act of 1933 and may not be offered and sold in the United States absent registration or an applicable exemption from the registration requirement of the Securities Act.

 

For more information, please contact:

Stephen Whittaker, Director of Communications

+33 1 4062 1330

or

Paulo Loureiro, Investor Relations Manager

+1-212-350-9432

ir-nam@slb.com