Tags: US | Probing | Schlumberger | Payments | Yemen

Report: US Probing Schlumberger Payments in Yemen

Friday, 08 Oct 2010 10:02 AM

The U.S. Department of Justice has started an investigation into whether oilfield service provider Schlumberger paid bribes to a consulting firm that had ties with Yemen's government, according to a Wall Street Journal report.

The investigation, which is at an early stage, involves contract payments that Schlumberger made over several years to a Yemeni consulting and lobbying company called Zonic Invest, the Wall Street Journal reported, citing two sources familiar with the matter.

Schlumberger was seeking approval to create an oil exploration databank in Yemen, the report said.

A spokeswoman with the Justice Department declined to comment to Reuters. A representative with Schlumberger could not be immediately reached for comment.

© 2017 Thomson/Reuters. All rights reserved.

   
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The U.S. Department of Justice has started an investigation into whether oilfield service provider Schlumberger paid bribes to a consulting firm that had ties with Yemen's government, according to a Wall Street Journal report. The investigation, which is at an early stage,...
US,Probing,Schlumberger,Payments,Yemen
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2010-02-08
Friday, 08 Oct 2010 10:02 AM
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