Oilfield-services company Weatherford International will pay $253 million in fines to the Securities and Exchange Commission to settle charges that included flouting sanctions against Iran and Syria and sending business partners on World Cup soccer junkets, officials said yesterday.

Oilfield-services company Weatherford International will pay $253 million in fines to the Securities and Exchange Commission to settle charges that included flouting sanctions against Iran and Syria and sending business partners on World Cup soccer junkets, officials said yesterday.

Weatherford was charged with exporting oil and gas equipment to Iran, Syria, Sudan and Cuba in violation of sanctions, and with exporting items controlled for nuclear nonproliferation reasons to Venezuela and Mexico.

While the federal investigations into Weatherford go back as far 2007, the SEC said certain misconduct started in 2002 and occurred as recently as 2011.