The Trump administration granted Chevron a narrow license to preserve its oil-producing assets in Venezuela after the company’s Biden-era waiver to pump oil there expired Tuesday, according to people familiar with the matter.

CVX is set to receive a minimal license for safety-only work in Venezuela as U.S. policy shifts back to stricter Trump-era sanctions.

The Trump administration is preparing to issue a narrowly tailored license to Chevron Corp., allowing the oil producer to conduct minimal maintenance of essential operations in Venezuela, according to people familiar with the matter.