Sanctions on Russia could be a K.O. for US service firms.

摘要

While many of the West's largest oil firms have been upbeat on the prospects for ongoing business in Russia, sources say that US oil field equipment and service companies could feel the brunt of any further sanctions against the Eurasian giant. According to some sources, the EU is at this point unlikely to join in with the US in imposing any additional sanctions, meaning that European companies may simply snatch up market share if US firms withdraw. Companies such as US-based Halliburton may be especially at risk because of the time and difficulty involved in switching providers for the kinds of services it offers. If the company's Russian clients were to be forced to switch to a non-US provider, said Edward Jones analyst Rob Desai, "they may not want to switch back."