US Oil Giant SLB Reportedly Bolsters Presence In Russia As Western Rivals Exit Market Amid War With Ukraine
US Oil Giant SLB Reportedly Bolsters Presence In Russia As Western Rivals Exit Market Amid War With Ukraine
Despite calls from human rights groups and the Ukrainian government for SLB to withdraw from Russia, the company has made it clear that it has no plans to leave. In contrast,One of the world's leading oilfield services companies Schlumberger NV (NYSE:SLB), better known as SLB, is reportedly expanding its operations in Russia. This comes at a time when its major Western rivals are exiting the market due to Moscow's aggressive invasion of Ukraine.
據報道，世界領先的油田服務公司之一斯倫貝謝 NV（紐交所：SLB，簡稱 SLb）正在擴大其在俄羅斯的業務。這一舉措是在其主要的西方競爭對手由於莫斯科侵略烏克蘭而退出該市場之際。
What Happened: Texas-based SLB had committed in July 2023 to stop "shipments of products and technology into Russia" from its worldwide facilities. By September, Russian customs data confirmed that such imports had indeed stopped.
SLB於2023年7月承諾停止從其全球設施向俄羅斯出口產品和技術。到9月份，俄羅斯海關數據證實這樣的進口已經停止。
However, the same data shows that SLB continued to import materials from other sources, bringing in equipment worth $17.5 million between August and December 2023. A source close to the company clarified that these imports did not originate from an "SLB facility", thus aligning with SLB's public statements and international sanctions guidelines, Financial Times reported on Friday.
然而，同樣的數據顯示，SLB繼續從其他渠道進口材料，在2023年8月至12月期間帶來了價值1750萬美元的設備。該公司一位接近消息人士澄清，這些進口不來自「SLB設施」，因此符合SLB的公開聲明和國際制裁指導方針，金融時報週五報道。
Despite calls from human rights groups and the Ukrainian government for SLB to withdraw from Russia, the company has made it clear that it has no plans to leave. In contrast, Baker Hughes and Halliburton, SLB's two largest U.S. competitors in the oil services sector, have already exited Russia following Moscow's invasion of Ukraine.
儘管人權組織和烏克蘭政府呼籲SLB退出俄羅斯，該公司已經明確表示沒有離開計劃。相比之下，SLB在石油服務行業中排名前兩位的美國競爭對手Baker Hughes和哈里伯頓都已退出俄羅斯，這是在莫斯科入侵烏克蘭之後做出的決定。
Why It Matters: SLB's decision to expand in Russia comes at a crucial time. The company's operations in Russia accounted for 5% of its $33.1 billion revenues in 2023, and it employed about 9,000 staff in the country. Despite the geopolitical risks, Western policymakers have been hesitant to impose comprehensive sanctions on oilfield services in Russia, for fear of disrupting fossil fuel exports and causing a surge in global oil prices.
SLB在俄羅斯擴張的決定來到了關鍵時刻。該公司在俄羅斯的業務在2023年佔其331億美元收入的5％，在該國擁有約9000名員工。儘管存在地緣政治風險，西方政策制定者一直猶豫不決，不願對俄羅斯的油田服務實施全面制裁，因爲害怕干擾化石燃料出口並導致全球油價飆升。
SLB's expansion in Russia is also significant in light of its planned acquisition of ChampionX. The acquisition, which is expected to conclude in late 2024 or early 2025, could potentially bolster SLB's presence in the global oilfield services market.
考慮到SLB計劃收購ChampionX，其在俄羅斯的業務擴張也具有重要意義。預計該收購將於2024年底或2025年初完成，這有可能增強SLB在全球油田服務市場中的存在。
Furthermore, the rise in oil prices could potentially boost SLB's revenues in the near future.
此外，油價上漲可能會在近期提升SLB的營收。
Price Action: At the time of writing, SLB was trading 0.15% higher at $45.11 during Friday's pre-market after closing at $45.04 on Thursday, according to Benzinga Pro.
截至本文寫作時，SLB在週五盤前以45.11美元上漲0.15％，週四收於45.04美元，據Benzinga Pro報道。
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Image via Shutterstock
圖片來自shutterstock。
This story was generated using Benzinga Neuro and edited by Pooja Rajkumari
本報道使用Benzinga Neuro生成，並由Pooja Rajkumari編輯