US oil giant Halliburton suspends operations in Russia

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US oil giant Halliburton suspends operations in Russia
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Schlumberger also halts business in response to US sanctions over Russia’s invasion of Ukraine

Halliburton said on Friday it had suspended future business in Russia in compliance with sanctions that prohibit transactions and work, including for certain state-owned Russian customers.

Schlumberger, like Halliburton based in Houston, Texas, said it immediately suspended investment and technology deployment to its Russia operations and would actively monitor a “dynamic” situation.

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