Jan 22 (Reuters) - Top U.S. oilfield services company

SLB said its net assets in Russia amounted to about $600

million at the end of 2024, unchanged from 2023, but revenue

from the region had slipped.

SLB has been under pressure to leave Russia after the U.S.

Treasury Department on Jan. 10 issued new sanctions that

included adjusting an executive order to cut off Russia's access

to U.S. services related to the extraction and production of

crude oil and other petroleum products.

The world's largest oilfield service company is one of the

few Western firms to remain in Russia after the country's 2022

invasion of Ukraine.

Revenue from SLB's operations in Russia has been declining

and accounted for 4% of its total revenue in 2024, down from 5%

the year before, according to the company's latest regulatory

filing.