SLB LIMITED/NV
For the period ended Dec 31, 2025. Filed Jan 23, 2026.
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FY2025 · Filed Jan 23, 2026
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Item 9B. Other Information
In 2013, SLB wound down its service operations in Iran. Prior to this, certain non-US subsidiaries provided oilfield services to the National Iranian Oil Company and certain of its affiliates (“NIOC”).
SLB’s residual transactions or dealings with the government of Iran during 2025 consisted of payments of taxes and other typical governmental charges. Certain non-US subsidiaries of SLB maintain depository accounts at Bank Saderat Iran (“Saderat”) and at Bank Tejarat (“Tejarat”) for the deposit by NIOC of amounts owed to non-US subsidiaries of SLB for prior services in Iran and for maintaining previously received amounts. One non-US subsidiary also maintained an account at Tejarat for payment of local expenses. SLB anticipates that it will discontinue dealings with Saderat and Tejarat following receipt of all amounts owed to SLB for prior services in Iran.
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