SLB, the oilfield services provider known formerly as Schlumberger, has announced a comprehensive halt to product and technology deliveries to Russia. The company’s official communication confirms that this suspension covers all facilities worldwide and is in direct response to the ongoing expansion of international sanctions against the Russian Federation. This marks a significant shift in how SLB conducts its global business in the face of geopolitical pressure and regulatory constraints.
According to the statement released by SLB, deliveries of products and technologies from every SLB division located in the United States, the United Kingdom, the European Union member states, and Canada will cease to reach Russian customers. In practical terms, shipments and licensed technologies manufactured within these regions will not be imported into the Russian market. This blanket restriction extends beyond geographic boundaries to encompass the entire spectrum of SLB offerings, reflecting a unified corporate stance aligned with the tightened sanctions regime observed by Western governments.
Historically, SLB had already faced scrutiny about its operations in Russia amid the broader sanctions landscape. The company’s management had to navigate a difficult balance between continuing essential business activities in the Russian market and adhering to the comprehensive sanctions imposed by Western authorities. The current decision to halt all deliveries strengthens that position, signaling a decisive strategy aimed at reducing exposure to regulatory risk while honoring international obligations. The change underscores the growing pressure on multinational players to align supply chains with evolving sanctions policies and to reassess risk in high‑income markets facing geopolitical tension.
With the new restrictions now in place, the scope of SLB’s compliance is clear: no products or technologies produced by SLB units in the United States, Britain, EU states, or Canada will be furnished to customers operating in Russia. This policy applies across the entire product catalog and technology portfolio, ensuring there is no loophole for grandfathered shipments or selective compliance. The measure represents a top‑level commitment by SLB to uphold sanctions, maintain corporate integrity, and support the international community’s collective response to the situation in Russia.
In related developments, official updates from European institutions have highlighted how measures targeting Russia include freezing sovereign assets within the European Union. These actions form part of the broader framework of economic and financial sanctions designed to constrain Moscow’s financial capabilities and limit access to international markets. While the specifics of asset freezes are administered through EU processes, they reinforce the broader objective of tightening external pressure on Russia while encouraging a return to respectful, lawful engagement with global partners. The combination of asset restrictions and supply‑chain controls illustrates the multi‑layered approach world powers have adopted to address the conflict and its consequences for international trade.