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Schlumberger plans final attempt to buy Russian driller
Schlumberger is making one last attempt to buy a majority stake in Moscow-based Eurasia Drilling Company, after years of effort.The companies have been partners since 2011, but Russia’s Federal Antimonopoly Service has been a stumbling block to a deal for years.In July 2017, Schlumberger announced it had reached a deal with EDC, Russia’s largest drilling company, to acquire 51% of the company for an undisclosed amount, but the FAS has yet to approve the......
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