Schlumberger Announces Agreement to Acquire Majority Share in Eurasia Drilling Company
Agreement extends successful long-term relationship in the conventional land drilling market
Schlumberger announced today an agreement to acquire a majority (51%) equity interest in Eurasia Drilling Company Limited.
Closing of the transaction is subject to approval by the Federal Antimonopoly Service of Russia (FAS).
The agreement extends the successful long-term relationship established by the two companies in 2011.