Search results for: DOJ

23180 results

A list of search results

  • 16 December 2015
    Business & Finance, Equipment

    Halliburton’s proposed acquisition of Baker Hughes, valued at $35 billion, has hit a stumbling block as the U.S. Department of Justice is not convinced the companies have done enough to address the DOJ’s Antitrust Division’s competitive concerns. According to a joint statement issued by the two companies, they expect that their timing agreement with the […]

  • 2 August 2013

    U.S. Senator John McCain (R-AZ), Ranking Member of the Senate’s Permanent Subcommittee on Investigations, yesterday wrote to Attorney General Eric Holder on the recent plea agreement reached between the Department of Justice (DOJ) and Halliburton Energy Services Inc. regarding Halliburton’s destruction of evidence relating to the Deepwater Horizon oil spill disaster. Read the full letter […]

  • 27 May 2015

    The U.S. Department of Justice has concluded its investigation into possible violations by Hyperdynamics of the Foreign Corrupt Practices Act (FCPA) in Guinea. The DoJ did not bring any charges against the oil company. Ray Leonard, President and CEO, commented, “This is an important development for Hyperdynamics. We are extremely pleased to be informed that the […]

  • 13 July 2015
    Business & Finance

    Halliburton and Baker Hughes, world’s second and third largest oilfield services providers, respectively, have entered into a timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) to extend the period for the DOJ’s review of Halliburton’s previously announced acquisition of Baker Hughes to the later of November 25, 2015 or 90 […]

  • 3 October 2019
    Business & Finance

    Following Eni’s statement last Tuesday about the U.S. Department of Justice’s closure of investigation into the company’s activities related to the Nigerian offshore license OPL 245, the DoJ has reportedly described it as ‘misleading.’ 

  • 7 April 2011

      As reported in its Consolidated Financial Statements for the Fiscal Year 2009 dated May 14, 2010 and its “Notice on Loss and Revision of Earnings Forecasts for Fiscal Year Ending March 2011” dated January 31, 2011, JGC CORPORATION has been engaged in the discussions with the U.S. Department of Justice (DOJ) about a possible […]

  • 2 May 2017

    The U.K. Serious Fraud Office (SFO) has opened an investigation into the activities of the U.S. engineering firm KBR’s UK subsidiaries for suspected offences of bribery and corruption related to an ongoing investigation of Unaoil.   The Unaoil probe was launched over a year ago in a case which implicated big multinational oil companies and […]

  • 11 February 2015
    Business & Finance, Equipment

    Halliburton Company and Baker Hughes Incorporated today announced that, as expected, the companies have each received a request for additional information from the United States Department of Justice (“DOJ”) in connection with Halliburton’s pending acquisition of Baker Hughes. The second requests were issued under the notification requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, […]

  • 20 September 2013
    Business & Finance

    Halliburton announced that the United States Department of Justice (DOJ) has closed its investigation of the company’s role related to the Macondo well incident. The federal judge in New Orleans, Louisiana, accepted the single misdemeanor guilty plea for the unauthorized deletion of a computer record that was created after the Macondo well incident. A fine […]

  • 7 April 2016
    Business & Finance, Equipment, Operations & Maintenance

    Halliburton and Baker Hughes Incorporated have said they intend to ‘vigorously contest the U.S. Department of Justice’s (DOJ) effort to block’ their pending merger. Namely, the DOJ filed a civil antitrust lawsuit on Wednesday to stop the merger between two of the world’s largest oilfield-services companies as it believes the deal would lead to higher prices and eliminate competition. […]

  • 18 January 2012

    Marubeni Corporation announced that it has entered into a Deferred Prosecution Agreement with the U.S. Department of Justice (DOJ) regarding the Nigeria LNG Project. Nigeria LNG Limited, a government-linked company of Nigeria, developed a project to build LNG plants in Nigeria (which includes Train 1 to Train 6).  In order to be awarded the construction […]

  • 7 March 2017

    General Electric Company (GE) and Baker Hughes have each received a request for additional information from the United States Department of Justice (DOJ) in connection with the pending combination of GE’s oil and gas business with Baker Hughes. The two companies announced their agreement to combine GE Oil & Gas and Baker Hughes to create […]

  • 26 November 2019
    Exploration & Production

    Samsung Heavy Industries paid millions of dollars to a Brazilian intermediary to secure a drillship sale contract

  • 7 March 2017
    Business & Finance

    GE and Baker Hughes have each received a request for additional information from the United States Department of Justice (DOJ) in connection with the pending combination of GE’s oil and gas business with Baker Hughes. The second requests were issued under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act). According to joint […]

  • 6 April 2016

    Following the reports on Wednesday  that the U.S. Justice Department (DOJ) was preparing a lawsuit that would stop the proposed multi-billion merger deal between Baker Hughes and Halliburton, the DOJ did just that. According to a statement on the Department of Justice’s website, the DOJ filed a civil antitrust lawsuit today seeking to block Halliburton […]

  • 9 February 2017

    The U.S. Department of Justice has completed its corruption investigation of the Houston-based oil company Cobalt International Energy leaving the company in the clear.  Cobalt informed on Thursday the company has received a letter from the DOJ saying the department has closed its Foreign Corrupt Practices Act (FCPA) investigation into Cobalt’s operations in Angola. The FCPA […]

  • 7 March 2018
    Business & Finance, Equipment

    London-based Ultra Electronics and Schaumberg, Illinois headquartered Sparton have abandoned their merger, originally valued at more than $234 million. Namely, the transaction threatened to permanently combine the only two qualified suppliers of sonobuoys to the U.S. Navy. During the review of the proposed merger by the United States Department of Justice (DOJ), the United States […]

  • 12 February 2016

    Dutch firm SBM Offshore is again being investigated by the U.S. Department of Justice. The provider of FPSO vessels for oil and gas industry this week said that the United States Department of Justice had informed SBM Offshore that it re-opened its past inquiry of the company and “has made information requests in connection with […]

  • 27 September 2018

    Brazilian oil giant Petrobras has reached non-prosecution settlements with the U.S. and Brazilian authorities, agreeing to pay a combined total of $853.2 million in penalties to resolve the U.S. authorities’ investigation into violations of the Foreign Corrupt Practices Act (FCPA).

  • 27 February 2019
    Business & Finance

    US DoJ closed a two-year investigation into alleged price fixing by a group of major container shipping lines.

  • 8 December 2010
    Business & Finance

    Pride International, Inc. announced that it completed its settlement with the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) of outstanding U.S. Foreign Corrupt Practices Act (FCPA) matters that were voluntarily and promptly self-reported to the DOJ and the SEC in February 2006 after they were discovered in an internal review. […]

  • 1 October 2013
    Business & Finance

    Hyperdynamics Corporation announced that in September 2013 it received a subpoena from the United States Department of Justice (DOJ) requesting that the Company produce documents relating to its business in Guinea. In 2006, a Production Sharing Contract was signed by the Company and the government of Guinea granting rights to an oil and gas concession […]