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Europe Daily Bulletin No. 7733

8 June 2000
Contents Publication in full By article 51 / 59
ECONOMIC INTERPENETRATION / (eu) energy

The American firm BAKER HUGHES will be merging its seismic activities with those of its rival SCHLUMBERGER, in a joint venture baptised WESTERN GECO. The two divisions last year had combined turnover of around USD 1.5 billion. BAKER HUGHES will own 30% of the new venture.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION