The company named sent eight shipments of parts to a United Arab Emirates company, which were intended for an offshore drilling rig located in Iranian waters. The right owner and operators are both located in Iran, and both are blocked pursuant to E.O. 13382.
OFAC imposed a civil penalty of $ 97,695, and the company was required to implement an OFAC compliance programme. Note that the company did not disclose the transactions to OFAC, it learnt of the violations through other sources.
* Enforcement Information for February 1, 2013.