Search results for: bribery

176 results

A list of search results

  • 24 January 2019
    Business & Finance, Equipment

    The International Standards Organisation (ISO) has awarded Innovo certification for the company’s anti-bribery management system. The ISO 37001:2016 accreditation is given to organisations that have implemented a system to prevent, detect and respond to bribery and comply with anti-bribery laws wherever they operate. Stefano Malagodi, managing director of Innovo, said: “This ISO accreditation confirms Innovo’s […]

  • 17 November 2016
    Business & Finance

    Anti-bribery organization TRACE International and RightShip, a provider of online maritime safety and environmental risk management system, have partnered up to support anti-bribery compliance in the maritime industry through TRACEcertification of vessel owners. This partnership is part of TRACE International’s Shipping and Maritime Initiative, established to raise awareness of anti-bribery compliance in shipping with the goal […]

  • 20 October 2014

    At the Offshore Energy Conference at the Amsterdam Rai on 28 October 2014 the Dutch Offshore Academy and its partners will be presenting the following Workshops.     Workshop – The Importance of Compliance with International Anti Bribery Laws Paying bribes, “facilitation” payments or so called “consultancy fees” to win contracts or to facilitate project […]

  • 15 April 2015

    Bourbon Offshore, a France-based supplier of offshore support vessels, has said that its former tax manager is being investigated for allegations of bribery of public officials in Cameroon, Equatorial Guinea and Nigeria in connection with the tax audits of local entities in 2011 and 2012. The company itself is now under investigation too. The company’s former tax […]

  • 14 September 2015
    Business & Finance

    Port of Tallinn has reshuffled its Management Board as two of the board members resigned amid bribery suspicion. “On 27th of August, members of the Management Board of Port of Tallinn Ain Kaljurand and Allan Kiil resigned due to bribery suspicion,” the port said in a release. The duo has been detained by the police […]

  • 14 September 2015
    Business & Finance

    Port of Tallinn has reshuffled its Management Board as two of the board members resigned amid bribery suspicion. “On 27th of August, members of the Management Board of Port of Tallinn Ain Kaljurand and Allan Kiil resigned due to bribery suspicion,” the port said in a release. The duo has been detained by the police […]

  • 6 March 2018
    Business & Finance

    Malaysian Anti-Corruption Commission is investigating MISC Berhad in relation to alleged bribery.

  • 15 April 2015
    Business & Finance, Operations & Maintenance

    Bourbon SA has been placed under formal investigation following the arrest and investigation of its former tax manager under suspicion of bribery of foreign public officials. Namely, Bourbon’s former tax manager was arrested at the airport of Marseille-Provence while he was returning from Africa in possession of approximately 190,000 euros in cash in October 2012. Following the arrest, […]

  • 12 July 2017
    Business & Finance

    The UK Serious Fraud Office (SFO) has opened an investigation into the activities of Amec Foster Wheeler and any predecessor companies owning or controlling the Foster Wheeler business. The investigation focuses on the activities of any subsidiaries, company officers, employees, agents and any other person associated with any of these companies for suspected offences of […]

  • 19 December 2019
    Business & Finance

    Maersk being investigated by Brasilian authorities over suspected involvement in the Petrobras bribery scandal.

  • 17 June 2016

    Texas resident Roberto Enrique Rincon Fernandez, the owner of multiple U.S.-based energy companies pleaded guilty on Thursday to foreign bribery and tax charges for his role in a scheme to corruptly secure energy contracts from Venezuela’s state-run energy firm, Petroleos de Venezuela S.A. (PDVSA). According to the U.S. Department of Justice, Rincon, 55, of The […]

  • 9 February 2015
    Exploration & Production

    Following media reports that Singapore’s offshore rig builders Keppel and Sembcorp Marine have been involved in a bribery scandal with Petrobras in Brazil, both companies have issued separate statements denying the allegations. According to Brazilian newspaper O Globo, Keppel and Jurong (a subsidiary of Sembcorp) bribed Petrobras and Sete Brasil officials in order to obtain drilling rig […]

  • 8 April 2015
    Exploration & Production

    SBM Offshore, the world’s largest provider of FPSO units, entangled in a bribery case investigation with Petrobras in Brazil, has denied media reports claiming the company has reached a settlement with the country’s authorities. The company was referring to a report by Folha de Sao Paulo newspaper, which said that SBM Offshore had reached a […]

  • 1 August 2016

    UK oilfield services provider Petrofac said on Monday its investigation of bribery allegations has found no evidence that implicate it in a global bribery scandal related to Monaco-based service provider Unaoil.  To remind, the Huffington Post and its Australian partner, Fairfax Media, earlier this year revealed its results of a six-month investigation of family-owned company Unaoil implicating big multinational […]

  • 18 March 2015
    Business & Finance

    SBM Offshore, a Dutch company providing FPSO units to oil and gas industry, has signed a memorandum of understanding (MoU) with Brazil’s Comptroller General’s Office (Controladoria-Geral da União – CGU), the Attorney General’s Office (Advocacia-Geral da União – AGU). Namely, SBM Offshore will cooperate with Brazilian authorities that are investigating the corruption scandal involving the state-owned […]

  • 17 November 2015

    Dutch SBM Offshore has received a formal invitation to take part in Petrobras’ Sépia and Libra FPSO tenders in Brazil. SBM Offshore will now apply its normal tender review process. Awarding of new contracts by Petrobras to SBM Offshore remains conditional upon the conclusion of a settlement agreement between SBM Offshore and the Brazilian authorities […]

  • 9 March 2015

    Nigeria LNG Limited said its attention has been drawn to recent Nigerian social media posts about an alleged bribery incident, linked to 2014 tenement rate payments made by the company to Bonny Local Government Council (BLGC).

  • 2 February 2018
    Business & Finance

    Singapore has arrested several former executives of Keppel Corp due to involvement in bribery case.

  • 12 July 2017

    The UK Serious Fraud Office has launched an investigation into Amec Foster Wheeler, a UK engineering company set to be acquired by the oilfield services giant Wood Group. In a statement on Tuesday, Amec Foster Wheeler said it was informed by the SFO that it “has now opened an investigation into Amec Foster Wheeler, predecessor […]

  • 28 September 2015
    Business & Finance

    Dutch supplier of floating production solutions SBM Offshore is returning into play for taking part in Petrobras’ tenders for FPSO vessels, after having been banned due to a bribery investigation. In a statement issued Monday, SBM Offshore said its main Brazilian subsidiary has received written notification from Petrobras of its ability to participate in the […]

  • 16 November 2014
    Business & Finance, Exploration & Production

    Last week’s most read story was the one about SBM Offshore’s bribery case settlement. Aker Solutions followed with an announcement that it will not be laying off staff. You also read about AMEC taking over Foster Wheeler; Tullow slashing exploration budget, rig incident in Russian arctic and Halliburton’s plan to oust the Baker Hughes boart of directors…

  • 28 September 2015

    Transocean, one of the world’s largest offshore drilling contractors, has been linked to a bribery case in Brazil. Eduardo Costa Van Musa, a former Petrobras director, during an interrogation over a widespread bribery scandal Petrobras has been engulfed in, said he believed he had received payments from someone claiming to be a commercial representative of […]