Last Updated: January 19, 2026

HYDRO COMPANY FOR DRILLING EQUIPMENT RENTAL

Aliases

HYDRO COMPANY S.A.L.; HYDRO DRILLING EQUIPMENT RENTAL S.A.L.

Nationality

Lebanon

Address

Lebanon

Reg. ID

1024713, Commercial Registry Number

Official reason

Lebanon-based Hydro Company for Drilling Equipment Rental (Hydro) is involved in financing the IRGC-QF by facilitating the shipment of Iranian commodities worth hundreds of millions of dollars to Syria. Hydro operates under the direction of senior IRGC-QF officers and maintains commercial ties with U.S.-designated Hizballah and IRGC-QF front compan...

Other Information

https://home.treasury.gov/news/press-releases/jy2065

Date of listing

2024-01-31

Program information

Authority

US

Program

Iranian Financial Sanctions Regulations, 31 CFR part 561

Regime

OFAC country specific

Target State

Iran

Measures

Blocking Property, Suspending Entry, Trade sanctions

Sanctions Portfolio

https://ofac.treasury.gov/faqs/topic/1551

Official Information

On August 16, 2010, OFAC issued the Iranian Financial Sanctions Regulations, 31 CFR part 561 (75 FR 49836, August 16, 2010) (IFSR) to implement provisions of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Pub. L. 111–195) (22 U.S.C. 8501–8551). Since then, OFAC has amended the IFSR several times.

Additional Details

SDN

Program URL

https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V/part-561