Schlumberger Unit Expected to Plead Guilty to Violating Iran, Sudan Sanctions
services giant to pay $232.7 million to end Justice Department investigation into work for Iran, Sudan/ Schlumberger Ltd., the world’s largest oil-field services company, has agreed to pay $232.7 million for violating U.S. sanctions in Iran and Sudan, part of the government’s extended crackdown on companies doing business with countries the U.S. has declared off limits. The U.S. Justice Department is expected to announce the plea agreement Wednesday afternoon, according to a person familiar with the situation. As part of the agreement, ...
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