Schlumberger

Oilfield services company

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April 2024 Announced intention to acquire ChampionX in an all-stock deal valued at $7.75 billion.
March 2024 Schlumberger (SLB) publicly announced it has no intentions of withdrawing from Russia, despite international pressure to reduce financial support to the Russian government's war efforts.
February 2023 Acquired Gyrodata Incorporated, a Houston-based gyroscopic wellbore positioning and survey technology company.
2022 Completed corporate rebranding to be known as SLB.
2022 Ranked 349th largest company in the world by Forbes Global 2000, demonstrating significant global business presence.
October 2022 Schlumberger reported to have employees receiving military draft notices in Russia, raising human rights concerns about the company's response to conscription.
October 2022 Schlumberger's Russian employees received military draft notices through the company, prompting human rights groups to monitor the company's response. The company later stated it was evaluating options for its Russian employees.
March 2022 Stopped investing in projects in Russia due to international sanctions during the Russo-Ukrainian War.
2020 A class action lawsuit was filed against Schlumberger alleging systemic sexual harassment, discrimination, and retaliation. The lawsuit exposed a toxic workplace culture involving documented harassment, inappropriate sexual advances, and termination of employees who complained about misconduct.
2018 Schlumberger's pay-gap report revealed extremely low representation of women, with only 5.4% in field roles and 16.2% in total company roles, highlighting significant gender disparity in the organization.
2015 Indicted by US Department of Justice for sanction violations, fined $233 million. Announced 21,000 layoffs due to global oil and gas industry downturn.
August 27 2010 Completed acquisition of Smith International in an all-stock deal valued at $11.3 billion.

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