Ameron International Corporation

Parent Company:
National Oilwell Varco (USA)
HQ Country of Company:
USA
Agency:
OFAC
Location of Sentencing:
Washington D.C.
Date:
Description:
Approved, on two occasions, capital expenditure requests made by Ameron B.V., a Dutch subsidiary of Ameron, and Ameron (Pte) Ltd. (“PTE”), a Singaporean subsidiary of Ameron, to purchase toolings and other equipment needed to fulfill orders for a South Pars project, located in Iran. Also referred to its foreign subsidiaries three business opportunities involving the sale of goods to Iran that Ameron itself could not have directly performed as a result of the prohibitions set forth in the ITSR. Lastly, provided testing services from its Burkburnett, Texas facility to PTE with reason to know that they would be provided to Arvand Petrochemical, an entity located in Iran.
Fine:
Total Fine
$434,700.00
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$434,700.00
Source:
Treasury, “Enforcement Information For October 24, 2013.”
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