# OFAC settlement: National Oilwell Varco, Inc.
> Settled **$5.98M** for sanctions violations · 2016-11-14 · FY2016
## Settlement
- **Party:** National Oilwell Varco, Inc.
- **Date:** 2016-11-14
- **Aggregate penalty:** $5.98M
- **Number of penalties:** 1
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*Source: [OFAC 2016 Enforcement Information](https://ofac.treasury.gov/civil-penalties-and-enforcement-information/2016-enforcement-information) · MORVS · CC0 1.0*