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Schlumberger Ltd

French Schlumberger will start construction of a plant in the special economic zone (SEZ) Lipetsk before the end of 2016. The total investments volume amounts to RUB 3.8 bln. This was reported to TASS reporters by Yelena Semina, SEZ spokesperson.

Semina said that the total volume of investments in construction of the plant and start of production is RUB 3.8 bln. In 2017 the trial operation of the plant will start.

03 November 2016
TASS

French company Schlumberger intends to build a plant to manufacture components for electrical submersible pump units used in oil production in the Lipetsk Region. The total scope of investments will amount to 3.8 billion rubles.

Israeli company Isolate will produce soy isolate, soy oil and feed additives using the latest technologies that are applied in Israel and the United States, the total scope of investments is 3.3 billion rubles.

Russian company BS Processing will build an enterprise for metal rolling processing with decorative coatings worth 401 million rubles in the Lipetsk Special Economic Zone.

In addition, two SEZ residents sent an application for the extension of production. Swiss concern ABB will build a second plant for the production of cabinets of complete medium-voltage switchgear and related components. The 2-year investments will amount to almost 1.5 billion rubles. Russian company Belaya Dacha will build a potato processing plant in the SEZ by 2018. The cost of the project is 9.6 billion rubles.

04 May 2016
TASS

Despite sanctions, Schlumberger Ltd, the world’s largest oilfield services company, will acquire a 45.65 percent stake in the Russian Eurasia Drilling Company for approximately $1.7 billion.

The value of each share of Eurasia Drilling,Russia’s biggest driller,is estimated at $22. The agreement gives Schlumberger an option to buy the rest of the company’s shares three years after the deal closes, Schlumberger said in a statementTuesday.

The deal also includes the London Stock Exchange delisting of a Russian driller.

Schlumberger is working with a number of Russian oil companies and the latest deal has put aside the concerns about what impact the US sanctions could have on its work in Russia.

Schlumberger, based in Houston and Paris, is the world's largest service company in the field of oil and gas. It provides a wide range of services, from prospecting and exploration to supplying specialized software. The company has more than 40 production and research centers in Russia.

19 January 2015
http://rt.com/

 Schlumberger has opened an oil service production center in Astrakhan to provide support to projects in the southern and northern seas as well as western sea projects of Russia.

The center will become one of Schlumberger’s largest infrastructure projects in Russia and the company’s third largest service center around the globe.

The center was established to improve the efficiency of operations in complex and demanding sea projects and will provide the full production cycle for the configuration, assembly and maintenance of equipment used during the construction of wells as part of current and future projects.

The new Schlumberger service production center has total area of 10,000 m2 on which all the company’s segments and offices were located and provides jobs to approximately 450 technical and administrative employees, including 150 newly created jobs.

Schlumberger began working in the Astrakhan Region in 2002.

The company opened a permanent representative office in Astrakhan in 2009 once it received a long-term order for services in the North Caspian Sea.

Schlumberger signed an agreement on cooperation with the Astrakhan Region government in April 2010.

26 November 2014
http://neftegaz.ru/
Investor
Jobs: 450
Astrakhan region

Investor profile

Schlumberger Ltd

USA

Company's website: www.slb.com/

T: +1 7135132000

Public company

Contact: Mr Paal Kibsgaard, Chief Executive Officer

Schlumberger is the world's largest service company in the field of oil and gas.

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