UK Company Granted OFAC License to Continue Supplying Gas Field

Serica Energy, a United Kingdom-based energy company, said it received a renewed license from the Office of Foreign Assets Control to continue providing goods, services and support to the North Sea Rhum field, the company said Jan. 21. Serica also said it received “secondary sanctions assurance” from OFAC and will be allowed to continue providing services to Rhum beyond the Feb. 28 expiration of its current license. The new license is valid through Jan. 31, 2023. The Rhum gas field is partly owned by an Iranian oil company. OFAC declined to comment.