Schlumberger fined $232.7mn for breaking Iran, Sudan sanctions
US oil services giant Schlumberger Ltd. was fined $232.7 million by the Justice Department Wednesday for violating sanctions on Iran and Sudan (AFP Photo/Fabio Bucciarelli)/ Washington (AFP) - French-US oil services giant Schlumberger Ltd. was fined $232.7 million by the Justice Department Wednesday for violating sanctions on Iran and Sudan. Fully-owned subsidy Schlumberger Oilfield Holdings Ltd. admitted guilt to one count of "knowingly and willfully conspiring to violate" the US International Emergency Economic Powers Act, under which US ...
Click
To Read Full Article