The American company Halliburton announced yesterday Friday that it has canceled all its future activities in Russia, in particular the offer of its services to Russian state oil companies, in compliance with the sanctions imposed by the US government.
The company, which provides services for the exploitation of oil fields, assured that it does not currently participate in any joint venture in Russia and proceeded to suspend the export of its spare parts and products to this country weeks ago.
Many other oil companies, including BP, Shell, Equinor, etc., have either announced that they have closed their projects in Russia or that they will abandon their investments due to the Russian invasion of Ukraine.
Earlier this month, US-based ExxonMobil announced it was leaving Russia, where it had joined $ 4 billion worth of gas and oil fields, and would not make any new investments.
Russia, one of the world’s largest producers of gas and oil, relies heavily on domestic companies.
Source: Capital
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