Russia gives tentative nod to Schlumberger's acquisition of EDC stake

April 28, 2018 by  
Filed under News

MOSCOW (Reuters) – Russia has given preliminary approval to a bid by U.S. oilfield services giant Schlumberger to acquire up to 49 percent of Russia’s Eurasia Drilling Co (EDC), an unexpected decision given a chilling in U.S.-Russian relations.

Source: Reuters Business News

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