EUROPE

Schlumberger sees progress on Russian purchase

US-BASED oilfield services giant Schlumberger’s bid for a 49% stake in Russia’s Eurasia Drilling Co (EDC) remains on track, overcoming fallout from Washington-imposed sanctions.

Moscow regulator gives conditional approval for EDC bid

Moscow regulator gives conditional approval for EDC bid

Russia's Federal Anti-Monopoly Service (FAS) has conditionally approved a deal for Schlumberger to buy a stake ranging from 25-49% in the company and said it would extend the timeframe for examining the...

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