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Schlumberger Rod Lift (now d/b/a Lufkin Rod Lift, Inc.) has agreed to pay $160,000 to settle a 2016 violation of the since-repealed Sudan Sanctions Program, in which a subsidiary in Canada shipped goods to a joint venture in China, for ultimate delivery to Sudan. Mike Volkov describes the incident, the U.S. company’s history of related incidents, and OFAC’s findings in the case. “The U.S. employees knew the goods were intended for Sudan and specifically knew that U.S. sanctions at that time prohibited the sale of goods and provision of services to Sudan,” explains Volkov. “The managers were SRL’s Vice President and Operations Manager.”
Source:
- Volkov Law: Former Schlumberger Company Settles OFAC Case for $160k for Violation of Sudan Sanctions
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