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All publications by tag «EURASIA»

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2018, April, 30, 09:31:00
SCHLUMBERGER - EURASIA DEAL
REUTERS - Schlumberger had initially planned to buy 51 percent in EDC, but decided to scale down its bid. The deal has faced difficulties as relations between Russia and the United States have deteriorated.
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2017, September, 4, 12:15:00
SCHLUMBERGER - EURASIA DEAL STOP
The acquisition of Russia’s Eurasia Drilling Co (EDC) by U.S. oilfield services giant Schlumberger (SLB.N) has been held up by U.S. sanctions on Russia, Russian Deputy PM Arkady Dvorkovich was quoted as saying by local news services.
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2017, July, 24, 13:35:00
SCHLUMBERGER & EURASIA: 51%
"I warmly welcome Schlumberger as our majority shareholder. It builds on our strategic alliance with Schlumberger since 2011 and our mutually beneficial business relationship since 2007. The combination of the technology knowhow and operational expertise of Schlumberger coupled to the financial strength of the Investment Funds, brings significant benefits to our customers and the Russian conventional land drilling market."
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2015, October, 11, 16:10:00
EURASIA DRILLING: $1.5 BLN
Eurasia Drilling’s top shareholders and management have proposed taking the oil services company private, after Schlumberger walked away from making a $1.7bn investment following resistance from Russian regulators.
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2015, October, 8, 19:10:00
EURASIA DRILLING OFFER: $10
Eurasia Drilling Co., the Russian oil driller whose planned acquisition by Schlumberger Ltd. collapsed last month, said it received a buyout offer from management and shareholders.
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2015, September, 27, 19:40:00
SCHLUMBERGER PROVIDES UPDATE
Schlumberger Limited announced that it does not intend to extend the pending agreement to acquire a minority equity interest in Eurasia Drilling Company Limited, once the current extension expires on September 30, 2015. The Company will instead focus on other M&A opportunities.
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2015, August, 27, 18:30:00
SCHLUMBERGER & EURASIA KEY FINANCIALS
Issues have emerged in Russia that could delay or prevent Schlumberger Limited. (NYSE:SLB) from closing a deal with Eurasia. Earlier this year, Schlumberger made a $1.7 billion offer to take a stake in Eurasia, also expressing willingness to acquire the rest of the company. Eurasia is Russia’s largest oil-services company. However, as it turns out, Russia’s Federal Security Service, also known as FSB, is expressing some reservations over the deal.
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2015, August, 26, 18:10:00
RUSSIA STOP SCHLUMBERGER
Russia’s Federal Security Service, the main successor to the KGB, is holding up Schlumberger Ltd.’s acquisition of a 46 percent stake in Eurasia Drilling Co., according to two people with knowledge of the matter.
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2015, January, 21, 19:20:00
SCHLUMBERGER PAYS $1,7 BLN
Schlumberger will spend about $1.7 billion for a minority stake in a big Russian energy company at a time when that country's relations with the West are under strain and as energy prices hit multiyear lows.
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2014, August, 15, 21:00:00
RUSSIA: OIL TO ASIA
More Russian Oil Flows East as Relations With West Sour. Record Level of Russian Oil Exports to Asia This Year.