29 April 2018, Moscow — 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. Washington has introduced a number of sanctions, including restrictions on financing for Russian companies over …
The post Russia gives tentative nod to Schlumberger’s acquisition of EDC stake appeared first on SweetCrudeReports.
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