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Schlumberger Issues Venezuela Operations Update

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LONDON--(BUSINESS WIRE)--Schlumberger Limited (NYSE:SLB) announced today that it will reduce its activity in Venezuela to align operations with cash collections. This measure is a result of insufficient payments received in recent quarters and a lack of progress in establishing new mechanisms that address past and future accounts receivable. Schlumberger appreciates the efforts of its main customer in the country to find alternative payment solutions and remains fully committed to supporting th


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