Local Business US extends sanctions waiver on Rhum field By Mark Lammey October 1 2018, 9:41 am October 1 2018, 9:41 am Share US extends sanctions waiver on Rhum field Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/1575467/us-extends-sanctions-waiver-on-rhum-field/ Copy Link The US has issued an interim licence to nullify restrictions on production from a UK North Sea field. The licence from the US Office of Foreign Assets Control (Ofac) relates to the Rhum field, which is being sold to Serica Energy by BP. Rhum is 50% owned by the national oil company of Iran, which is the subject of US sanctions. Read more on Energy Voice here.
