Edc land drilling rigs by hook load and drive type. Schlumbergeredc deal delayed due to us sanctions russian. Edc primarily provides services for lukoil, gazprom, rosneft and schlumberger in the russian, kazakh and turkmen sectors of the caspian sea. As of per forbes list 2011, he is the 1,057th richest person in the world and 84th richest person in russia. Oilfield services company schlumberger will acquire a 45. Eurasia is currently the largest provider of onshore drilling services in russia. What marketing strategies does eurasiadrilling use. Global offering of up to s shares in the form of global depositary receipts offer price range. Ooo burovoya kompaniya eurasia bke is the largest onshore drilling contractor in russia. Get traffic statistics, seo keyword opportunities, audience insights, and competitive analytics for eurasiadrilling. Image bankbrowse our image bank and download high res pictures suitable for digital and print media. Edc is a leading onshore and offshore drilling and well services contractor.
Jan 20, 2015 oilfield services company schlumberger will acquire a 45. Our servicesonshore drilling, workover, sidetracking and offshore drilling. Update 2schlumberger buys eurasia drilling stake in test of russiau. On 18 november 2015, eurasiadrilling company edcl was. The acquisition solidifies schlumbergers relationship with russias most active onshore drilling company in terms of the number of metres drilled. Eurasia drilling delists from stock market news for the oil. We are also the premier supplier of drilling services in the expanding caspian sea jackup market. Eurasia drilling plans to go private financial times. Also, schlumberger can receive benefits from eurasia drillings operations that include over 650 offshore and onshore rigs. Schlumberger to buy majority stake in russian drilling firm. Were the largest provider of drilling services in russia, the worlds biggest oilproducing country. The deal on the acquisition of russias eurasia drilling company edc by usfrench oil services giant schlumberger has stalled due to the unpredictability of the us sanctions on russia, russian deputy prime minister arkady dvorkovich said friday.
Oct 08, 2015 russian drilling contractor eurasia drilling company edc has received an offer for a potential merger with the intention to take the company private. We offer our services to russian and international oil and gas companies in the russian, kazakh and turkmen sectors of the caspian sea. Eurasia drilling company competitors, revenue and employees. Were trusted to deliver for our customers and shareholders. Schlumberger pulls out of eurasia drilling deal on obstacles. See eurasia drilling companys revenue, employees, and funding info on owler, the worlds largest communitybased business insights platform. We have made our first international investment, establishing a presence in northern iraq. We are the largest land drilling company in russia. Eurasia drilling is a leading contractor of onshore and offshore drilling and well services.
Eurasia drilling company limited is a publicly traded retail company in russia. Eurasia drilling company is a leading onshore and offshore drilling and well services contractor. Our services industry leader operations investor relations media centre rss feed contact us legal notice. Russias largest oil driller eurasia drilling has formally delisted following a buyout by companys shareholders. Eurasia drilling companys top competitors are superior energy, pkd and rockwater energy solutions.
Aug 20, 2012 3 bessemer street, duncanville, vereeniging tel. Operational statisticscurrent and historic wells and metres drilled. In 2006, eurasia drilling entered into offshore drilling business as well acquiring the offshore drilling business of lukoil. Edc owns and operates one of the largest fleets of land drilling and workover units. Land drilling rig market growth, trends, and forecast 2020. In addition, we provide offshore drilling services in the caspian sea. We note that the latest deal is schlumbergers second attempt to invest in eurasia drilling. It operates through two segments, onshore drilling services and offshore drilling services. Schlumberger pulls out of eurasia drilling deal on. Eurasia drilling company is provider of onshore drilling services in russia and the czech republic.
Update 2schlumberger buys eurasia drilling stake in test. Eurasia drilling company limited edc or the company lse. We have a dominant position in the caspian sea jackup rig market. Corporate news blog schlumberger acquires controlling. Eurasia drilling company secures three year caspian sea contract for newbuild jackups. The news was revealed by both schlumberger and eurasia drilling on thursday. Our fleet is technologically advanced and capable of drilling a wide range of oil and gas wells. Eurasia drilling company limited disclaimer the materials contained herein the materials have been prepared by eurasia drilling company limited the company and its subsidiaries and associates the group solely for use at presentations in december 2012. Schlumberger, the worlds largest oilfield service company, announced plans to buy 45. Adds details, quotes, context moscow, aug 16 reuters the acquisition of a 51 percent stake in russias eurasia drilling co edc by u. In july 2012, edc acquired two onshore drilling rigs in northern iraq, adding 2. Eurasia drilling moves to become private company wsj.
In december 2004, eurasia drilling was formed after acquisition of onshore drilling business of lukoil. Schlumberger, the worlds largest oil services company, in july agreed to buy 51 per cent of eurasia drilling company edc, in its second attempt in two years to take control of the biggest. Regulator concern over schlumberger russia oil deal. Dec 2016 light medium heavy 80125mt 160180mt 200225mt 250270mt 320335mt 400450mt totals. Russian marketthe russias oil and related drilling industries recent developments and trends. Aug 17, 2017 we note that the latest deal is schlumbergers second attempt to invest in eurasia drilling. In the quiz held by the ministry of industry and trade of the russian federation among 46 oilandgas companies in 2015, eurasia drilling company ltd. Were growing our customer base, rig fleet and revenues while maintaining a strong balance sheet. Schlumberger to acquire stake in eurasia drilling company. Acquires a minority equity interest in moscowbased eurasia drilling company limited, a leading onshore and offshore drilling and well services contractor that owns and operates one of the largest fleets of land drilling and workover units in the world schlumberger and ikon science sign a joint software development agreement. It owns and operates one of the largest fleets of land drilling and workover units in the world. Where we operatethe geogpraphical spread of edcs operations. Jul 24, 2017 eurasia drilling is a leading contractor of onshore and offshore drilling and well services.
Baroid idp the field reference guide app is a quick source of information for baroid idp users in the field. Eurasia drilling company limited edc is the largest provider of onshore drilling services in russia, providing onshore integrated well construction services and workover services. Bke shelf a subsidiary of eurasia drilling company edc has been awarded announced a three year drilling contract for operations in the cheleken contract area, offshore turkmenistan in the caspian sea with dragon oil. The global land drilling rig market is expected to grow at a cagr of over 3. An offshoot of lukoils inhouse drilling unit, eurasia and.
Schlumberger is going to acquire a 51% stake in the drilling company. It is one of the largest and the number one drilling company in russia based on meters drilled. The worlds largest oilfield services provider schlumberger is buying a majority stake in the russian drilling contractor eurasia drilling. Update 25915 eurasia drilling company limited announces that schlumberger b. Ooo burovaya kompaniya eurasia one of the largest independent drilling companies of russia in terms of meters drilled and is engaged in drilling, construction, well services and workover of oil and gas wells of all purposes at the license areas of such companies as pao lukoil, pao nk rosneft, pao gazprom neft, pao ank bashneft, ao nk russneft and other oil and gas majors. Edcl, the leading onshore and offshore drilling service provider in the cis, today announces that its offshore jack up drilling rig, the saturn, previously trident xx achieved the major milestone of working continuously for five years without a lost time incident lti in. Alexander djaparidze, edcs chief executive officer said. Eurasia drilling company talks on bps using its rig off. Due to the increasing use of high horsepower and hitech rigs, and the increasing demand for the heavy rigs, the land rig market has evolved significantly in the recent years. About us corporate overviewkey facts on edc and our growth story. Sep 28, 2017 schlumberger, the worlds largest oil services company, in july agreed to buy 51 per cent of eurasia drilling company edc, in its second attempt in two years to take control of the biggest. Were focused on drilling, onshore and offshore, and workover and sidetracking.
Update 2schlumberger buys eurasia drilling stake in test of. Also, schlumberger can receive benefits from eurasia drilling s operations that include over 650 offshore and onshore rigs. Eurasia drilling delists from stock market news for the. Us sanctions against russia could backfire on american. Alexander putilov is a czech republic businessperson and coowns eurasia drilling company. On 18 november 2015, eurasiadrilling company edcl was delisted from. May 31, 2018 eurasia drilling company is a leading onshore and offshore drilling and well services contractor. Edc rig fleet drilling and sidetrack list edc land drilling rigs by hook load and drive type. See who you know at eurasia drilling company, leverage your professional network, and get hired. The bid by us oilfield services provider schlumberger to take over russias eurasia drilling company edc could fail because of the new american sanctions against the russian oil industry, according to deputy prime minister arkady dvorkovich.
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