The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the name of one person that has been placed on OFAC's Specially Designated Nationals ...
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the name of one person that has been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of this person are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
DATES:
This action was issued on August 7, 2026. See
SUPPLEMENTARY INFORMATION
for relevant dates.
FOR FURTHER INFORMATION CONTACT:
OFAC: Associate Director for Global Targeting, 202-622-2420; Assistant Director for Licensing, 202-622-2480; Assistant Director for Sanctions Compliance, 202-622-2490 or
ofac.treasury.gov/​contact-ofac.
SUPPLEMENTARY INFORMATION:
Electronic Availability
The SDN List and additional information concerning OFAC sanctions programs are available on OFAC's website:
ofac.treasury.gov.
Notice of OFAC Action
On August 7, 2026, OFAC determined that the property and interests in property subject to U.S. jurisdiction of the following person are blocked under the relevant sanctions authority listed below.
Entity
1. BLUWAVES PROPERTIES LIMITED, Virgin Islands, British; Organization Established Date 05 Mar 2021; Registration Number 2056404 (Virgin Islands, British) [VENEZUELA-EO13850].
Designated pursuant to section l(a)(i) of Executive Order 13850 of November 1, 2018, “Blocking Property of Additional Persons Contributing to the Situation in Venezuela,” 83 FR 55243, 3 CFR, 2018 Comp., p. 881, as amended by Executive Order 13857 of January 25, 2019, “Taking Additional Steps To Address the National Emergency With Respect to Venezuela,” 84 FR 509, 3 CFR 2019 Comp., p. 251 (E.O. 13850) for operating in the oil sector of the Venezuelan economy.
ofac.treasury.gov/​contact-ofac
3 CFR