Prior notification of a concentration (Case M.10057 — Schlumberger/CEA/Genvia JV) Candidate case for simplified procedure (Text with EEA relevance) 2020/C 422/11
Date: 2020-12-07
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, gas industry, hydrogen production, industrial research, investment company, merger control, oil industry








C_2020422EN.01001901.xml










7.12.2020   


EN


Official Journal of the European Union


C 422/19






Prior notification of a concentration
(Case M.10057 — Schlumberger/CEA/Genvia JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2020/C 422/11)

1.   
On 27 November 2020, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


Schlumberger SA (‘Schlumberger’, France),










—


CEA Investissements SA (‘CEA Investissements’, France), controlled by the French Alternative Energies and Atomic Energy Commission (le Commissariat à l’énergie atomique et aux énergies alternatives, ‘CEA’, France),










—


Genvia (‘the joint venture’, France).




Schlumberger and the CEA acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of the joint venture.
The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.


2.   
The business activities of the undertakings concerned are:






—


Schlumberger is a global supplier for the oil and gas industry,










—


The CEA is a French public body involved in scientific, technical and industrial research. CEA Investissements seeks to make profitable investments by acquiring minority stakes in start-ups with a view to enabling the emergence and development of high-tech companies that apply research results,










—


Genvia will operate in the hydrogen production sector. It intends to produce reversible solid oxide electrochemical stacks (SOEC/SOFC) with different capacities, as well as modules that can be incorporated into electrolysers and more complete systems.






3.   
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.
Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2), it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.


4.   
The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission no later than ten days following the date on which this notification is published. The following reference should always be specified:
M.10057 — Schlumberger/CEA/Genvia JV
Observations can be sent to the Commission by e-mail, by fax, or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
Fax +32 22964301
Postal address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË







(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.