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Russia has given preliminary approval to a bid by U.S. oilfield services giant Schlumberger to acquire up to 49 percent of Russia's Eurasia Drilling Co (EDC), an unexpected decision given a ...
Schlumberger is the world's largest offshore drilling company and contractor by revenue, founded in 1926 by two brothers from Alsace. It provides various services and products for the petroleum industry, such as seismic data processing, well testing, artificial lift, and software and information management.
Oilfield services provider Schlumberger is evaluating unspecified options for its thousands of Russian employees as the war in Ukraine escalates, Chief Executive Olivier Le Peuch told Reuters an ...
Since June 1997 he serves as rector at Moscow Institute of Physics and Technology. In 2007 he was elected to Schlumberger Board of Directors. [2] Professor Kudryavtsev is a member of the Russian Academy of Sciences. In 2022, he signed the Address of the Russian Union of Rectors, which called to support Putin in his invasion of Ukraine. [3]
Schlumberger attempted to acquire EDC in 2015 and in 2018, but the acquisition was blocked by Russian Anti-Monopoly Service (FAS). [6] In 2022, Dzhaparidze exited all Russian assets, including OOO BKE. [7] In 2020, Forbes estimated Dzhaparidze's net worth to be US$1.2 billion and ranked him, 1730th on the list of world billionaires. [8]
These companies are staying the course in Russia, to their discredit. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
Tsukanova was born in Moscow, Russia in 1967. ... (EDC) and its core shareholders when Schlumberger NV made an offer to purchase a 51% stake in the company in 2017.
The Russian government froze Exxon's investment in August 2022 and ordered its transfer to a newly created Russian company the following October. [ 3 ] Since 2003, when the first Sakhalin-1 well was drilled, six of the world's 10 record-setting extended reach drilling wells have been drilled at the fields of the project, using the Yastreb rig.