M&P Receives a Specific License From the OFAC in Relation to Its Operations in Venezuela

PARIS--(BUSINESS WIRE)--Regulatory News: Etablissements Maurel & Prom S.A. (Paris:MAU) (“M&P”, “the Group”) announces it has received a specific license it had applied for on 1 September 2023 from the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) in relation to its 40% consolidated interest in the mixed company Petroregional del Lago (“PRDL”), which operates the Urdaneta Oeste field in Lake Maracaibo in Venezuela (the “Specific License”). The Specific License gran