By Maya Lester KC & Michael O’Kane

Schlumberger agrees to plead guilty to violating US sanctions against Iran and Sudan

Schlumberger, the world’s largest oil-field services company, has agreed to plead guilty and pay a penalty of $232,708,356 for violating US sanctions by facilitating trade with Iran and Sudan. Under the plea agreement, Schlumberger Oil Holdings Ltd (SOHL), the subsidiary responsible for the violations, will also be subject to a 3-year period of corporate probation during which time it will...

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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