Its part of the deal to get paid by the Venezuela government
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Moving the clock, more govt official time off, appeal to stop using blowdryers. That is a joke of a place.
Credit is only taken never given back by Venezuela- from experience.
they will get free oil from the country with the worlds biggest reserves and the government will pay for the employees as long as they are Venezuelans. Paal just started taking Spanish lessons
dumb idea, Why move to a country where the government heavily subsidizes the oil and gas industry
Sure they are moving their corporate HQ to Venezuela. There will be 10 jobs in Venezuela and 9,990 jobs outsourced to Mumbai!
Venezuela don't have enough bread and milk forget about the goddamn credit.
Yep this is a master stroke by Schlumberger to move in when everybody else is getting out and giving PDVSA more credit when they stopped paying everybody. I need to buy more shares of this company
All im's gm's ic's are being sending out of Venezuela, all people from Venezuela must get back there
Moving to a country that doesn't have a lot to poss in May sound dumb but it's all part of the master plan. You folks are just to slow to see it.
The Venezuelans will pay the salaries I presume in exchange for services
Schlumberger Cutting Venezuela Work Because the Country Has No Cash
by Reuters APRIL 13, 2016,
The PDVSA state oil company has built up billions of dollars in unpaid bills.
Oilfield services provider Schlumberger said it would reduce its operations in Venezuela due to payment problems, a further sign of the cash crunch facing the OPEC nation because of weak oil markets.
Venezuelan state oil company PDVSA, the exclusive operator of the country’s oilfields, has built up billions of dollars in unpaid bills to service providers as a result of cash-flow problems.
“Schlumberger appreciates the efforts of its main customer in the country to find alternative payment solutions and remains fully committed to supporting the Venezuelan exploration and production industry,” the company said in a statement.
Only 10,000 jobs?