Keppel Corp.’s Brazil problems just keep growing.
The world’s largest builder of offshore oil rigs has seen investments plummet in one of its most important markets. A major client, Sete Brasil Participacoes, has entered bankruptcy protection. Then last month a former agent fanned the flames of an ongoing corruption investigation by saying in court that the Singapore-based company’s top managers authorized him to pay bribes to win work with state-controlled Petroleo Brasileiro SA.
Brazil Energy Insight 
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