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Schlumberger pulls out of deal to buy stake in Eurasia Drilling

Monday, September 28, 2015 - 05:50

Moscow

Schlumberger Ltd will not pursue a US$1.7 billion agreement to buy a minority stake in Russia's largest driller Eurasia Drilling Co beyond Sept 30 after a lack of regulatory approvals stalled the deal.

The world's largest oilfield services provider will instead focus on