EDC prolongs term of conclusion of deal with Schlumberger for a month

Drilling company Eurasia Drilling Company (EDC) has postponed the closing of the transaction with the oilfield services company Schlumberger to May 31, from April 30, 2015, pending the decision of the Governmental Commission on Foreign Investment, the company’s press release reports.

The company continues to cooperate with the Federal Antimonopoly Service (FAS) and the Governmental Commission on Foreign Investment with respect to the sale deal.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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