Schlumberger Targeted In Yemen Bribe Probe

Law360, New York (October 8, 2010, 4:28 PM EDT) -- The U.S. Department of Justice is reportedly in the early stages of investigating allegations that oil services company Schlumberger Ltd. paid bribes to a consulting firm to get an oil field contract with the Yemeni government.

The investigation concerns contract payments that Schlumberger allegedly made to a consulting firm when the company was seeking approval from Yemen’s government to create an oil-exploration databank, the Wall Street Journal reported Friday, citing two people familiar with the matter.

Investigators have contacted former Schlumberger employees who have knowledge of...
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