Russian Imports of Halliburton Equipment Worth $7.1m Raise Concerns Over Sanctions Enforcement

Customs records reveal that over $7.1 million worth of equipment manufactured by Halliburton has been imported into Russia since the company announced the end of its Russian operations. Despite selling its Russian office in September 2022, Halliburton subsidiaries continued to export equipment to Russia, with the majority of exports going to its former operation known as BurService. The findings highlight the challenges faced by multinational companies in untangling their trading relationships and controlling the distribution of their products. US oil and gas companies are already facing scrutiny over their trade with Russia, with concerns raised about their conduct and profit-seeking behavior.