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Schlumberger wins approval to buy into Russia's biggest oil driller
May 1, 2018
Source: World Oil

Schlumberger wins approval to buy into Russia's biggest oil driller

Schlumberger has won prior approval for completing a three-year-old plan to buy into Russia’s biggest oil driller. The firm has been given a green signal by Russia’s special commission on foreign investment to buy a blocking stake of 25% to 49% in Eurasia Drilling Co. Ltd., subject to certain terms and conditions.

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