SLB, an energy technology company, is closely monitoring the unfolding situation in the Middle East and adjusting its operations accordingly. 

The company prioritises employee safety, having activated local and regional crisis response teams meeting daily. 

Travel and transit in the region have been suspended, and operations are being demobilised in select countries in response to customer actions to protect personnel and facilities. 

These measures will remain in place until regional conditions stabilise. 

SLB is coordinating with local authorities and customers and will begin a phased resumption of activities as conditions permit.

The company now expects first-quarter revenue to be lower than anticipated and anticipates additional costs, impacting earnings by approximately 6–9 cents per diluted share. Given the dynamic environment, these estimates may change as developments unfold.

Despite near-term disruptions, SLB remains confident in the resilience of its global business, including its Middle East operations. -OGN/TradeArabia News Service