Weatherford International LTD., Weatherford Oil Tool Middle East LTD., Weatherford Production Optimisation (UK) LTD., Precision Energy Services ULC and Precision Energy Services Colombia LTD
Parent Company:
Weatherford International (Ireland)
HQ Country of Company:
Ireland
Agency:
Bureau of Industry and Security
Location of Sentencing:
Washington D.C.
Date:
Description:
From 2004 to 2007 Weatherford sold, transferred and/or forwarded various types of oil and gas equipment from the US to Iran via the UAE.
Fine:
Total Fine
$50,000,000.00
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$50,000,000.00
Receive Iran News in Your Inbox.
Eye on Iran is a news summary from United Against Nuclear Iran (UANI), a section 501(c)(3) organization. Eye on Iran is available to subscribers on a daily basis or weekly basis.
×
