Deal of Eurasia Drilling and Schlumberger still waits for FAS’ approval
Edited by Rhod Mackenzie / 2015-08-20 07:55:56
FAS Finance Oil and Gas Russia Shares Russia Oil and Gas Drilling Political Eurasia Drilling Gas Legal Lukoil Oil
The transaction on the purchase of 46% of Eurasia Drilling Company (EDC) by Schlumberger still awaits for the approval by the Federal Antimonopoly Service (FAS) and the Commission on Foreign Investment, the financial report of EDC informs.
As the Tass previously reported, the period of the transaction closing was extended until September 30th. EDC continues to negotiate on the transaction with the Federal Antimonopoly Service of Russia and the Government Commission on Foreign Investment.