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US State Dept says oil service firm SLB is not violating Russia sanctions

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Halifax Regional Police release Dartmouth suspect’s name and photo | SaltWire #news #novascotiaHOUSTON - The U.S. State Department believes oil services firm SLB has not violated sanctions against Russia and the company has been told what Washington is willing to accept, Assistant Secretary of State Geoffrey Pyatt told Reuters in an interview on Wednesday.

"I am confident from my conversations with Treasury colleagues that SLB's actions thus far have been in conformance with rules that OFAC, Treasury and the price cap coalition have set up," Pyatt said. SLB was not immediately available for comment. The company had 10,000 employees in Russia helping Gazprom Neft, Rosneft and other top energy firms pump more oil and gas when the war began in 2022 and is the world's largest oil services and equipment provider.

 

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