Which brands belong to schlumberger:
Reservoir Characterization Group — carries out geophysical studies with the aim of finding and determining the size of oil and natural gas deposits.
Drilling Group — develops and manufactures drilling equipment and carries out drilling operations. Includes Bits & Drilling Tools, MI SWACO, Drilling & Measurements, Land Rigs and Integrated Drilling Services.
Production Group — deals with the preparation of wells for oil and gas production and their further maintenance in a working condition. Includes divisions Well Services, Completions, Artificial Lift, Well Intervention, Water Services, Integrated Production Services and Schlumberger Production Management.
Cameron Group is a manufacturer of equipment for the oil and gas industry.
What schlumberger makes:
Oil field maintenance company.
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Has schlumberger left the Russian market? March 22, 2022 - obozrevatel (schlumberger):
“Some brands have decided sit on two chairs at once. They loudly announced restrictions on work in the Russian market, but only stopped investing and removed advertising, but continue to do business there.
The list includes: schlumberger ”
Source
January 19, 2023 - Economic Truth (SLB):
“SLB changed its name from Schlumberger last October.
The world's largest oil field service company SLB has stepped up its business in Russia after the Russian invasion of Ukraine, taking over contracts for the provision of services and equipment from competitors who left Russia.
He writes about it Reuters with reference to company documents and sources familiar with its activities.
"Although SLB's long stay in Russia has drawn sharp criticism, interviews with two people close to the company and industry sources, as well as company documents seen by Reuters, suggest that SLB's decision to help Russia to increase oil and gas production with its services and drilling equipment has paid off," the agency writes.
Source
Who has not left the Russian market? July 14, 2023 - kse institute:
The company has increased its market share in Russia and is expanding:
"The National Agency for the Prevention of Corruption (NAPC) 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 was ceasing product and technology supplies to Russia from all SLB facilities worldwide in response to further expansion of international sanctions.”
Source
January 23, 2024 - Yale School of Management:
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Company status Schlumberger according to the analysis: stopped new investment and technology deployment to our Russia operations
Source
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Brands: Reservoir Characterization Group, Drilling Group, Bits & Drilling Tools, MI SWACO, Drilling & Measurements, Land Rigs and Integrated Drilling Services., Well Services, Completions, Artificial Lift, Well Intervention, Water Services, Integrated Production Services and Schlumberger Production Management , Cameron Group