Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Wait Pausing Investments
Schlumberger (SLB)

Schlumberger (SLB)
SLB (formerly Schlumberger) is the largest oilfield services company.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Wait Pausing InvestmentsTop 100 largest companies in Russia by revenue
Top 100Glob.Revenue, mln.USD
28091
The Company Statement
July 14, 2023
Initially promised to suspend investment and technology deployment to its Russia operations. But the company increased its market share in Russia and is expanding. The National Agency for the Prevention of Corruption (NACP) has included the leading global oil company SLB (formerly Schlumberger), headquartered in the USA, on the list of international sponsors of the war. On July 14, 2023 SLB announced that it is halting shipments of products and technology into Russia from all SLB facilities worldwide in response to the continued expansion of international sanctions.
September 07, 2023 | Foreign Relations chair seeks answers from US oil firms on Russia business after Ukraine invasion |
September 05, 2023 | Schlumberger Exports into Russia |
July 18, 2023 | Top US firms supplied equipment to keep Russian oil flowing after Ukraine invasion |
July 17, 2023 | Oilfield firm SLB halts all shipments to Russia - Hellenic Shipping News Worldwide |
July 14, 2023 | Oilfield firm SLB halts all shipments to Russia - Reuters |
July 14, 2023 | The largest oilfield services company has stopped deliveries to Russia |
May 10, 2023 | Exclusive: Oilfield firm SLB retrenches as Russia sanctions squeeze |
May 07, 2023 | World’s largest oilfield firm SLB included in the list of international war sponsors |
May 06, 2023 | As oilfield service companies left Russia after Ukraine invasion, Houston's SLB stayed - and profited |
April 27, 2023 | Letter sent by B4Ukraine to SLB (no response provided) |
April 19, 2023 | SLB wins Russia business as oilfield rivals exit after Ukraine invasion |
April 10, 2023 | SLB Isn’t Going Anywhere |
April 07, 2023 | SLB (former Schlumberger) - International sponsor of war | War and sanctions |
November 01, 2022 | Letter sent by B4Ukraine to Schlumberger (no response provided) |
October 14, 2022 | Schlumberger faces employee backlash in Russia over draft cooperation |
March 18, 2022 | Schlumberger Announces Update on Russia Operations |
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