RDIF, Schlumberger Aim to Reach Eurasia Drilling Deal Soon

Tuesday, October 9, 2018

Russia's RDIF sovereign wealth fund and U.S. oilfield services provider Schlumberger plan to complete a deal soon to buy a stake in Russia's Eurasia Drilling Company, RDIF boss Kirill Dmitriev was cited as saying by TASS news agency.

Dmitriev told reporters separately that state oil pipeline monopoly Transneft was considering a share buyback but did not provide details.


(Reporting by Darya Korsunskaya; writing by Tom Balmforth; editing by Jason Neely)

Categories: Mergers & Acquisitions Finance Workover Oil Offshore Energy Drilling Industry News

Related Stories

Japan to Launch $10B Fund to Help Asia Secure Oil

Sunda, Finder Target Shared Rig for Timor-Leste Offshore Drilling

Fire at ONGC's Offshore Platform Injures 10, Operations Normalized

Strohm to Supply Insulated TCP Jumpers for Malaysia’s Offshore Project

Arabian Drilling Flags Temporary Offshore Rig Suspensions in Persian Gulf

Rising Costs of War: Gulf Energy Infrastructure Stares Down $25B Repair Bill

ADES Expects Up to 44% Earnings Rise Despite Regional Tensions Impacting Rigs

Eni Advances Angola Gas Project, Secures $9B Credit Facility

TVO Customizes Tethered BOP Technology

Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

Current News

Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Toyo, OneSubsea Form Subsea CCS Partnership

Japan to Launch $10B Fund to Help Asia Secure Oil

TotalEnergies Eyes Black Sea Exploration with Türkiye’s TPAO

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

Philippines Seeks US Extension to Buy Russian Oil

Borr Drilling Expects Higher Activity as Rigs Return to Work

Iran-Linked Tankers Sail Through Hormuz Before US Blockade

China Calls for De-Escalation as US Threatens Hormuz Blockade

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com