US oil group expands in Russia as Western rivals leave

The #Texas-based oilfield services company #SLB is expanding its operations in Russia, filling the vacancy left by Western competitors, the Financial Times (FT) reported on Aug. 15.

SLB, previously known as #Schlumberger, is the world's largest offshore drilling company. It continued to operate in Russia after the full-scale invasion of Ukraine in 2022, even as other oil giants left the country.

https://kyivindependent.com/us-oil-group-expands-in-russia-as-western-rivals-leave-ft-reports/

#CorporateTerrorism #StopRussianAggression #oil #drilling #oilfields