Dresser-Rand

Energy
253
NYSE:DRC
USA
Dresser-Rand

Listed as an approved vendor by NIOEC, NPC, POGC, NIGCENG, NISOC, SADAF, NIGC and IOOC.

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Several days after coverage in the New York Times (below), Dresser-Rand issued a press release explaining that it had barred its subsidiaries from entering into new business contracts with Iran. 

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"Dresser-Rand, a Texas-based oil and gas equipment supplier, said in multiple filings with the SEC, including as recently as last month, that 'from time to time, certain of our foreign subsidiaries operate in countries that are or have previously been subject to sanctions and embargoes imposed by the U.S. government and the United Nations, including in Iran, Sudan and Syria.'"

As of March 2010, Dresser-Rand is classified as being "Active" in Iran. From 2000 through March 2010, Dresser-Rand has been the recipient of $215.1 million in federal funds. (The New York Times, "Profiting from Iran, and the U.S.", 3/6/10)