Sevan Drilling off the hook in Petrobras bribery probe

Noway’s anti-corruption agency Økokrim has closed an investigation into Sevan Drilling over the company’s drilling contracts won with Petrobras between 2005 and 2008.

To remind, the investigation started in 2015, when Sevan Marine, then parent company of Sevan Drilling, in 2015 said that some of its former employees might have been involved in a bribery case with Brazilian national oil company Petrobras.

Sevan Marine at the time said there were indications “that illegal conduct in the form of improper payments to obtain business occurred when Petrobras awarded contracts to Sevan in the said time period (2005-2008) regarding Sevan Piranema, Sevan Driller, and Sevan Brasil.”

Sevan Marine then handed over its investigation report to Økokrim, the Norwegian authority for investigation and prosecution of economic and environmental crime.

In a brief statement on Friday, Sevan Drilling said that “Økokrim today has completed the investigation against Sevan Drilling ASA and the original charges have been dismissed.”

Sevan Marine, no longer a parent company of Sevan Drilling, issued a separate statement on Friday.

Reese McNeel, CEO of Sevan Marine ASA said: “We are very pleased with this decision. Although Sevan Marine was never charged, the investigation has impacted on our development. We can now put this behind us and focus on the future.”

Related: Former Sevan Marine employees involved in bribery case in Brazil?

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply