Langbahn Team – Weltmeisterschaft

Schoeller-Bleckmann Oilfield Equipment

Schoeller-Bleckmann Oilfield Equipment
Company typeAktiengesellschaft
ISINAT0000946652
IndustryManufacturing
HeadquartersTernitz, Lower Austria, Austria
ProductsOilfield equipment
Websitewww.sbo.at

Schoeller-Bleckmann Oilfield Equipment AG is an Austrian engineering company that specializes in the production of high-precision components and equipment for the oil and gas industry.[1][2] SBO products include drill bits, downhole tools, and other specialized equipment used in the exploration and production of oil and gas.

Background

It is a former subdivision of the Schoeller-Bleckmann group, a manufacturer particularly of steel products which was nationalised in 1946; the company was spun off in the period 1993-7.[3] The company is based in Ternitz, south-west of Vienna. As of October 2015, it is a member of the Austrian Traded Index, the index of the twenty largest companies traded on the Vienna stock exchange.[4] A subdivision is named Schoeller-Bleckmann Oilfield Technology.[5]

Criticism

Schoeller-Bleckmann has faced criticism for continuing its operations in Russia despite the country's ongoing invasion of Ukraine. This decision has drawn attention due to international sanctions imposed on Russia and widespread condemnation of the war, which has resulted in significant civilian casualties and destruction in Ukraine. Critics argue that the company's presence in Russia undermines global efforts to isolate the aggressor state economically and diplomatically.[6][7][8]

See also

References

  1. ^ "Company factsheet" (PDF). SBOE. Retrieved 8 November 2015.
  2. ^ "SBO (Bloomberg summary)". Bloomberg. Retrieved 8 November 2015.
  3. ^ "Company History". SBOT. Retrieved 8 November 2015.
  4. ^ "ATX Beobachtungsliste 10.15" (PDF). Wiener Börse. Retrieved 8 November 2015.
  5. ^ "About Us". SBOT. Retrieved 8 November 2015.
  6. ^ "List of Austria Companies Leaving Russia". Coalition for Ukraine. Retrieved 2024-12-23.
  7. ^ Kateryna, Minkina (2022-05-04). "International companies that continue doing business in Russia • Ukraїner". Ukraїner. Retrieved 2024-12-23.
  8. ^ "EU COMPANIES STILL OPERATING IN RUSSIA". Association of Accredited Public Policy Advocates to the European Union. Retrieved 2024-12-23.