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Declining North American Rig Count Weighs On Schlumberger
2015-04-18 07:18:49| Oil & Gas - Topix.net
Given that the company receives over 30% of its revenue in North America, its anticipated E&P contraction could further weigh on the stock. Schlumberger reported Q1 revenue of $10.2 billion and eps of $1.06 .
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Schlumberger fined over $200 million for violating sanctions with Iran an Sudan
2015-03-29 21:30:02| Oil & Gas - Topix.net
French-US oil services giant Schlumberger Ltd. was fined $232.7 million by the Justice Department Wednesday for violating sanctions on Iran and Sudan. French-US oil services giant Schlumberger Ltd. was fined $232.7 million by the Justice Department Wednesday for violating sanctions on Iran and Sudan.
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Schlumberger Ltd to plead guilty to sanction violations
2015-03-26 09:01:56| Energy - Topix.net
International oilfield services giant Schlumberger Ltd. has agreed to plead guilty and pay a $232.7 million fine for conspiring to violate U.S. trade sanctions imposed against Iran and Sudan, federal authorities announced Wednesday. The fine represents the largest criminal penalty for violations of the International Emergency Economic Powers Act , federal authorities said.
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Schlumberger Ltd to plead guilty to sanction violations
2015-03-26 06:13:17| Oil & Gas - Topix.net
International oilfield services giant Schlumberger Ltd. has agreed to plead guilty and pay a $232.7 million fine for conspiring to violate U.S. trade sanctions imposed against Iran and Sudan, federal authorities announced Wednesday. The fine represents the largest criminal penalty for violations of the International Emergency Economic Powers Act , federal authorities said.
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Schlumberger Ltd. to pay $232M in sanctions violations case
2015-03-26 00:01:17| Oil & Gas - Topix.net
" The world's largest oil services company, Schlumberger Ltd., has agreed to a penalty of more than $232 million and one of its subsidiaries will plead guilty to trade sanctions violations. The Justice Department on Wednesday announced the case against Schlumberger Oilfield Holdings Ltd., accusing the wholly owned subsidiary of illegally conducting business with Sudan and Iran in violation of U.S. economic sanctions.
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