Oilfield service provider SLB on Friday said its current business in Russia still aligns with U.S. sanctions issued this month, but that revenue in the country was declining.

The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts in Ukraine.

The Treasury Department announced Wednesday that it is amping up its sanctions against companies and entities involved in Russia’s defense industry. Secretary of State Antony Blinken said in a