HOUSTON (AP) — Schlumberger is buying Cameron in a cash-and-stock deal valued at about $12.71 billion that would create an oilfield equipment and service powerhouse.
Sub Surface Tools in Morgan City was honored for 45 years in business at Wednesday’s St. Mary Chamber of Commerce Business Luncheon.
The St. Mary Parish Chamber of Commerce held a ribbon-cutting ceremony Aug. 5 for the grand opening of Just Chillin’ Sneaux.
Low oil prices cut
into Conrad’s profit
The oil industry’s woes continued to drag down earnings for Morgan City-based ship and barge builder Conrad Industries Inc.
A $3.53 billion bid to buy Cleco, the utility company that serves Eunice, and turn it into a privately-owned company drew the skepticism of Jack Burson, Eunice alderman at-large.