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Company: Cameron International Corporation
Current Parent Company:
Schlumberger
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $1,423,766
Year: 2021
Date: September 27, 2021
Offense Group: financial offenses
Primary Offense: economic sanction violation
Violation Description: Cameron International Corporation, a Houston, Texas-based supplier of goods and services for the oil and gas industries, and a subsidiary of Schlumberger Limited agreed to pay $1,423,766 to settle its potential civil liability for apparent violations of Ukraine-related sanctions arising from its provision of services to the Russian energy firm Gazprom-Neft Shelf for an Arctic offshore oil project.
Level of Government: federal
Action Type: agency action
Agency: Office of Foreign Assets Control
Civil or Criminal Case: civil
HQ Country of Current Parent: Netherlands
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: oilfield services and supplies
Specific Industry of Current Parent: oilfield services
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.