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Top US oil group expands in Russia as rivals pull out

Top US oil group expands in Russia as rivals pull out

Texas-based company has signed new contracts and recruited hundreds of staff despite the war in Ukraine

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Stu Turley
Aug 16, 2024
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Energy News Beat
Energy News Beat
Top US oil group expands in Russia as rivals pull out
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The world’s biggest oilfield services company is expanding in Russia following the exit of its main western rivals since Moscow’s full-scale invasion of Ukraine. SLB, the Houston-based company formerly known as Schlumberger, has signed new contracts and recruited hundreds of staff in the country even after its two largest US rivals Baker Hughes and Hall…

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