Transocean linked to bribery scandal in Brazil

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 Transocean in relation to a contract for the Petrobras 10.000 drillship.

Transocean also cited Musa as saying that “no such payments were necessary as Transocean had been awarded the contract as it was the best technical and economic bidder in a competitive process.”

Responding to the allegations, Transocean said: “Transocean has not identified any wrongdoing by any employee or any of its agents in connection with the company’s business. Transocean is investigating these recent allegations made by Mr. Musa and will also continue its efforts to ensure no violation of company policy or law has, or will, occur. Finally, if requested, Transocean will cooperate with governmental investigations.”

Offshore Energy Today Staff

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