|FOR IMMEDIATE RELEASE||
BUREAU OF INDUSTRY AND SECURITY
| Thursday, August 13th, 2009
Office of Public Affairs
WASHINGTON, D.C. - The Commerce Department's Bureau of Industry and Security (BIS) announced today that FMC Technologies, Inc., has agreed to pay a $610,000 civil penalty to settle allegations that it exported certain oil and gas industry service parts in violation of the Export Administration Regulations.
“An effective compliance program is only as good as its last revision,” said Kevin Delli-Colli, Acting Assistant Secretary of Commerce for Export Enforcement, “not staying up to date with regulatory changes can lead to violations of the export regulations.”
The allegations involved 78 unlicensed exports to a variety of countries of butterfly and check valves classified under Export Control Classification Number 2B350 and controlled for reasons of chemical and biological weapons proliferation. The violations occurred between 2003 and 2007. FMC Technologies headquarters in Houston, Texas is a provider of specialty products and services to the oil and gas industries. The company voluntarily disclosed the violations, and cooperated fully with the investigation.
Acting Assistant Secretary Delli-Colli praised the BIS Dallas Field Office for its outstanding work on this case.
BIS controls exports and reexports of dual-use commodities, technology, and software for reasons of national security, missile technology, nuclear non-proliferation, chemical and biological weapons non-proliferation, crime control, regional stability and foreign policy. Criminal penalties and administrative sanctions can be imposed for violations of the Export Administration Regulations. For more information, please visit www.bis.doc.gov.