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Schlumberger to acquire Minority Share in Eurasia Drilling Company

Schlumberger Limited (NYSE:SLB) announced today an agreement to acquire a minority equity interest in Eurasia Drilling Company Limited (“EDC”). The agreement extends the successful long-term relationship enjoyed by the two companies within the strategic alliance signed in 2011, which has enabled deployment of a range of drilling and well engineering services to customers in the Russia land conventional drilling market.

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