Russian Direct Investment Fund Comments on Eurasia Drilling and Schlumberger Merger
Following this morning’s announcement of Eurasia Drilling’s take private and Schlumberger’s US$1.7 billion investment in the Company post transaction, Kirill Dmitriev, CEO of the Russian Direct Investment Fund, commented, “This is a real vote of confidence by a major global company in Russian growth opportunities and the fundamentals of the oil and gas sector in particular. Investors are taking a close look at value and we would expect to see continuing inward investment, particularly from Asia Pacific and the Gulf.”