UK Government named Petrofac Facilities Management Limited after a compound settlement

HMRC published Notice to Exporters 2026/15 on 29 June 2026, naming Petrofac Facilities Management Limited (PFML) after it paid a compound settlement of £569,157.07 for breaches of The Russia (Sanctions) (EU Exit) Regulations 2019. The breaches occurred during PFML's 2022–2023 divestment of its Russian operations and comprised two breaches of Regulation 46Y(2)(c) (making sanctioned industrial goods under the G7 Dependency and Further Goods chapter available to a Russia-connected person and for use in Russia) and one breach of Regulation 46Z(1)(b) (providing technical assistance related to those goods). The case originated from PFML's own voluntary disclosure to HMRC, and the firm fully cooperated with the investigation — consistent with HMRC's compound settlement criteria, which require both an inadvertent breach (not intentional circumvention) and voluntary self-reporting.