SLB has increased revenues in the country despite Western sanctions The world’s largest oilfield firm SLB (formerly Schlumberger) has managed to boost its operations in Russia by cherry-picking service and equipment contracts from Western rivals that opted to leave the country due to the threat of Ukraine-related sanctions, Reuters reported, citing the company’s papers and people familiar with the issue. In March, the oil field giant announced immediate plans to suspend new investment and technology deployment to its Russia operations due to “immense concern” over the “escalating conflict in Ukraine.” Despite shar
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