UPDATE: Official: Schlumberger sends new claim to antitrust on EDC - Oil & Gas - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

UPDATE: Official: Schlumberger sends new claim to antitrust on EDC

(Adds details in paragraph 3)

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

УThey sent a new petition, it arrived two days ago. My colleagues are looking into it now,Ф Artemyev said.

Deputy Director of the authority Andrei Tsyganov said that the new request takes into notice earlier remarks of the service on some conditions of the deal and that the service will soon decide on sending the document to the state commission for foreign investments control for consideration.

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 serviceТs Deputy Director Andrei Tsyganov told PRIME that the service and Schlumberger were working on a mechanism to protect the companyТs investment into EDC and of economic interests of Russia in case of new Western sanctions.

End

08.02.2018 17:21
 
 
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