OFAC Venezuela-related General Licence authorising certain transactions with PdVSA

OFAC has published General Licence 8D which authorises 5 American oil and gas corporations (Chevron, Halliburton, Schlumberger Ltd, Baker Hughes, and Weatherford International) to conduct transactions and activities ordinarily incident and necessary to the maintenance of operations and contracts in Venezuela involving PdVSA. 8D replaces and supersedes 8C, and extends the expiry of the licence until 22 January 2020.