Schlumberger eyes $1.7bn EDC splurge
Schlumberger could acquire Russian drilling contractor Eurasia Drilling Company (EDC) as the latter merges into a new company and gets a near $1 billion capital injection from its much bigger rival.
Schlumberger could acquire Russian drilling contractor Eurasia Drilling Company (EDC) as the latter merges into a new company and gets a near $1 billion capital injection from its much bigger rival.