Novomet

Russia's Commission on Foreign Investments approved Saudi investors acquiring a 20.5% stake in Novomet, a Russian artificial lift equipment maker, for about 5 billion rubles (around $78 million); RDIF will take a 10.2% stake.

Halliburton filed with Russia's Federal Antimonopoly Service over a potential acquisition of an interest in Novomet Oil Services Holding, an electrical submersible pump maker, possibly up to 100%. No agreement had been reached.