Russia gives tentative nod to Schlumberger's acquisition of EDC stake

MOSCOW (Reuters) - 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 chilling in U.S.-Russian relations.

from Reuters: Business News https://ift.tt/2HZTJ5m