Schlumberger suspends new investment and technology deployment to Russia operations

Schlumberger suspends new investment and technology deployment to Russia operations

Schlumberger NV said late on Friday that it has decided to immediately suspend new investment and technology deployment to the company's Russia operations.

"We continue to actively monitor this dynamic situation and will fulfil any existing activity in full compliance with applicable international laws and sanctions," Chief Executive Officer Olivier Le Peuch said in a statement.

Also Read: U.S. takes aim at Russian oligarchs in fresh sanctions

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.