Texas oil firm expanding presence in Russia — FT ...News

Economy by : (Russia Today) -
SLB previously stated it has no plans to quit the country despite Western sanctions American oilfield servicing giant SLB (formerly Schlumberger) is expanding in Russia despite its main rivals having pulled out of the country following the start of the Ukraine conflict in 2022, the Financial Times (FT) has reported, citing customs filings and employment listings. Oil servicing companies manufacture, repair, and maintain equipment used in the extraction and transportation of crude. SLB has continued to provide equipment in Russia, as well as register new trademarks, sign new contracts and seek new employees, FT wro

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