Schlumberger Said to Mull $800 Million Valves Business Sale

Schlumberger, the world’s largest oilfield services company, is exploring a sale of part of its US valves business, according to people with knowledge of the matter.

The company is working with an adviser to study a potential divestment of the assets for more than $800 million, said the people, who asked not to be identified because they weren’t authorized to speak publicly. No final decision has been made and Schlumberger could opt against a sale, they said.

The assets, which the company inherited as part of its $14.8 billion acquisition of Cameron International Corp. in 2016, are expected to ...