SBM Offshore still in talks to resolve bribery case in Brazil

SBM Offshore has yet to resolve its status in Brazil following an alleged corruption scandal.

To remind, the world’s largest FPSO vessel provider had in July 2016 signed a settlement agreement with the Brazilian authorities, and Petrobras, closing corruption probe over improper payments to Petrobras’ executives.

SBM Offshore has been accused of bribing its way to obtaining FPSO contracts with Petrobras.

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