The world’s biggest oilfield services company Schlumberger is set to gain unconditional EU approval for its $14.8 billion bid for equipment maker Cameron International, two people familiar with the matter said.

The acquisition will enable Schlumberger to offer a broader range of products at lower prices to oil companies, which are slashing spending in response to falling oil prices, and boost its market share. Antitrust experts have said the two US companies offer complementary product lines, meaning the deal would draw less regulatory scrutiny.

Schlumberger’s relatively smooth passage with regulators contrasts with a larger proposed energy services tie-up, Halliburton’s proposed $35 billion takeover of Baker Hughes, which has stirred worries with watchdogs on both sides of the Atlantic.

It is now the target of a full-scale investigation by the European Commission because of concerns it could push up prices for oil and gas exploration in Europe.

Commission spokesman Ricardo Cardoso declined to comment. Schlumberger spokesman Joao Felix said the company typically does not discuss merger and acquisition opportunities.

Cameron International did not immediately reply to an email for comment. The EU competition enforcer is scheduled to decide on the deal by February 5.