Search results

Order by most recent / most popular / relevance

Results: 1-10 of 21

Helmerich & Payne agrees to pay almost $1.4 million to resolve bribery allegations

Cadwalader Wickersham & Taft LLP
-
USA
-
August 31 2009

On July 30, 2009, Helmerich & Payne ("H&P"), an international drilling contractor for the oil and gas industry that is incorporated in Delaware and headquartered in Oklahoma, entered into a two-year non-prosecution agreement with the Department in connection with approximately $185,673 in improper payments it made to Argentine and Venezuelan customs officials

OFAC authorizes all petroleum-related transactions with South Sudan, loosens restrictions on Sudan

Steptoe & Johnson LLP
-
Sudan, USA
-
December 19 2011

On December 8, 2011, the Office of Foreign Assets Control, US Department of the Treasury (OFAC) issued a final rule adding two new general licenses to the Sudanese Sanctions Regulations (SSR), 31 C.F.R. Part 538

U.S. Congress enacts additional sanctions targeting Iran

Baker & McKenzie
-
Iran, USA
-
January 31 2013

On January 2, 2013, President Obama signed into law the National Defense Authorization Act for Fiscal Year 2013, which includes the “Iran Freedom and

European Union announces adoption of stricter sanctions vs. Iran

Gibson Dunn & Crutcher LLP
-
European Union, Iran
-
January 30 2012

On January 23, 2012, the Council of the European Union agreed to impose additional restrictive measures against Iran in the range of industrial sectors, inter alia: in the energy sector, including an embargo of Iranian crude oil imports to the EU; in the financial sector, including against the Central Bank of Iran; in the transport sector; additional export restrictions on gold and on sensitive dual-use goods and technology; as well as additional designations of specific persons and entities

OFAC eases restrictions on transactions in Libya

Edwards Wildman Palmer LLP
-
Libya, USA
-
November 18 2011

In September, the Office of Foreign Assets Control (the “OFAC”), part of the United States Treasury Department, eased restrictions on trade with Libya through two revised general licenses that were published under the Libyan sanctions program

Syria update: extension of EU sanctions

Baker & McKenzie
-
European Union, Syria
-
October 24 2012

Due to the continuing and intensifying violence in Syria, the European Union has extended its existing sanctions regime

U.S. toughens sanctions against Libya

Kramer Levin Naftalis & Frankel LLP
-
Libya, USA
-
March 28 2011

The Office of Foreign Assets Control ("OFAC") of the United States Department of the Treasury administers and enforces economic and trade sanctions against certain foreign countries, entities and other Specially Designated Nationals ("SDNs") based on US foreign policy and national security goals