Eurasia chiefs plan buyout

Eurasia Drilling has received an offer for a potential merger from a group of its executives and shareholders who intend to take the company private after oil services giant Schlumberger backed out of a $1.7 billion deal with the Russian drilling company.

Eurasia Drilling: chiefs planning buyout after Schlumberger deal collapses
Eurasia Drilling: chiefs planning buyout after Schlumberger deal collapses
Published 8 October 2015, 08:07Updated 17 October 2016, 12:12
EuropeEastern Europe