Houston Matters

Amidst Low Oil Prices, What Will Landmark Fine Mean for Schlumberger?

Posted on · Schlumberger, the world's largest oilfield services company, whose domestic offices are based here in Greater Houston, has agreed to pay more than $232 million for violating U.S. sanctions in Iran and Sudan. The subsidiary Schlumberger Oilfield Holdings Limited will also plead guilty to conspiring to violate the International Emergency Economic Powers Act or IEEPA. Other […]