CGG Services S.A., and Its Affiliated Companies — $614,250 OFAC penalty
OFAC published a $614,250 civil penalty against CGG Services S.A., and Its Affiliated Companies on 02/22/2016. It is the #123 largest action in OFAC’s 1,052-entry enforcement chart and #5 of the 9 actions published that year.
What OFAC said
CGG Services S.A., formerly known as CGGVeritas S.A. ("CGG France"), has agreed to pay $614,250 on its own behalf and on behalf of its affiliated companies, CGG Services (U.S.) Inc., formerly known as CGGVeritas Services (U.S.) Inc.
Quoted verbatim from OFAC’s enforcement release — read the original.
The record
| Entity, as published by OFAC | CGG Services S.A., and Its Affiliated Companies |
|---|---|
| Penalty / settlement amount | $614,250 |
| Date published by OFAC | 02/22/2016 |
| Aggregate penalties, settlements or findings | 1 |
| Rank among all published OFAC actions | #123 of 1,052 |
| Rank within 2016 | #5 of 9 |
| Share of 2016 penalty total | 2.8% |
| Voluntarily self-disclosed | No |
| OFAC egregiousness determination | Non-egregious |
| Sanctions programs named in the release | Cuba, Venezuela |
Primary source
OFAC enforcement release: 20160222_cgg.pdf. This page adds no facts beyond that document and OFAC’s published penalty chart.
Comparable 2016 actions
- Halliburton Atlantic Limited and Halliburton Overseas Limited — $304,706
- WATG Holdings, Inc., and Wimberly Allison Tong and Goo (UK) Limited — $140,400
- HyperBranch Medical Technology, Inc. — $107,691
- World Class Technology Corporation — $43,200
- Barclays Bank Plc — $2,485,890
Screen against the live SDN list before you transact
Every action on this page began with a payment or transfer that was not screened. SanctionsAI is a free OFAC screening API for names and crypto wallets — read the API docs or check a wallet in the browser.