Update on SLBs Russia Operations | SLB

Update on SLB's Russia Operations

Published: 07/14/2023

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SLB today 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. This follows SLB’s previous ban on shipments from the United States, United Kingdom, the European Union and Canada into Russia.

Beginning in March 2022, SLB took voluntary measures to curtail its Russian activity and announced that it would make no new investments in Russia and would not deploy new technology used in its services business. Since that time, the company has continued to commit significant resources to ensure it meets and exceeds the various international laws. SLB takes its responsibility to comply with export control and economic sanction laws extremely seriously, and the company remains aligned with the international community in condemning and calling for an end to the war in Ukraine.