SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): January 29, 2004
(Exact name of registrant as specified in its charter)
(State or other
jurisdiction of incorporation)
|(Commission File Number)|| |
|153 East 53rd Street, 57th Floor|
|New York, New York||10022-4624|
|42, rue Saint-Dominique|
|The Netherlands||2514 JG|
|(Address of principal executive offices)||(Zip or Postal Codes)|
Registrants telephone number in the United States, including area code: (212) 350-9400
|Item 5.||Other Events.|
On January 29, 2004, Schlumberger Limited completed the sale of the majority of its SchlumbergerSema businesses to Atos Origin. The consideration for the transaction consisted of EUR 400 million in cash and 19.3 million shares of Atos capital stock, representing approximately 29% of the common shares outstanding of Atos Origin. As previously announced, Schlumberger expects to reduce its ownership in Atos Origin to 19%.
Schlumberger is retaining the strategic activities of IT services for the oil and gas industry and the operations that provide connectivity with the upstream oil and gas business. Additionally, it is retaining specific SchlumbergerSema businesses, which are in the process of divestiture, including Business Continuity, Infodata, and Telecom Software Products.
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.
|Date: January 29, 2004||By:||/s/ Frank A. Sorgie|
Frank A. Sorgie
Chief Accounting Officer