Investment Summary

Schlumberger Invests In Eurasia Drilling Co.

On January 20, 2015, Schlumberger invested in energy services and equipment company Eurasia Drilling Co.

Investment Highlights
  • This is Schlumberger’s 16th transaction in the Energy Services and Equipment sector.
  • This is Schlumberger’s 1st transaction in Cyprus.

Investment Summary

Date 2015-01-20
Target Eurasia Drilling Co.
Sector Energy Services and Equipment
Investor(s) Schlumberger
Deal Type Stake Purchase

Target

Eurasia Drilling Co.

Nicosia, Cyprus
Eurasia Drilling Co. is the provider of onshore drilling services in Russia, as measured by the number of meters drilled, providing onshore integrated well construction services and workover services.

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Investor(S) 1

Investor

Schlumberger

Houston, Texas, United States

Category Company
Founded 1926
Sector Energy Services and Equipment
Employees111,000
Revenue 36.3B USD (2024)
DESCRIPTION
Schlumberger office in Houston, Texas.
Schlumberger office in Houston, Texas.

Schlumberger is an oilfield services company. Schlumberger offers technology, integrated project management and information solutions to customers working in the oil and gas industry. Schlumberger was formed in 1926 and is based in Houston, Texas.


DEAL STATS #
Overall 38 of 48
Sector: Energy Services and Equipment M&A 16 of 25
Type: Stake Purchase M&A Deals 2 of 2
Country: Cyprus M&A 1 of 1
Year: 2015 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-31 Rock Deformation Research

Leeds, United Kingdom

Rock Deformation Research (RDR), a UK-based company specialized in geological software development and structural geology consultancy for the oil and gas industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-17 Schlumberger Business Consulting

United States

Schlumberger Business Consulting is a management consulting provider in the upstream oil and gas industry.

Sell -