
JUTAL OIL SER: Penglai JUTAL applies for removal from the SDN list

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JUTAL OIL SER announced that its wholly-owned subsidiary, Penglai JUTAL Offshore Engineering Heavy Industry Co., Ltd., has been placed on the U.S. Department of the Treasury's Specially Designated Nationals (SDN) list. The company has hired a law firm and submitted a removal application to OFAC on October 14, 2025. Currently, Penglai JUTAL has ceased construction activities related to the SDN list
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