Official: Schlumberger sends new claim to antitrust on EDC

SOCHI, Feb 8 (PRIME) -- U.S. Schlumberger has submitted a new request to acquire a stake in Russia’s Eurasia Drilling Company (EDC) to the Federal Antimonopoly Service, Head of the Service Igor Artemyev told reporters on Thursday.

“They sent a new petition, it arrived two days ago. My colleagues are looking into it now,” Artemyev said.

EDC said in July 2017 that its shareholders approved selling a 51% stake in the company to U.S. oilfield servicing giant Schlumberger. In November, the antimonopoly service’s Deputy Director Andrei Tsyganov told PRIME that the service and Schlumberger were working on a mechanism to protect the company’s investment into EDC and of economic interests of Russia in case of new Western sanctions.

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