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Former Oil Service CEO Pleads Guilty in Petrobras Scandal

A former CEO of oil-services company SBM Offshore NV pleaded guilty Thursday to charges related to the Petrobras corruption scandal in Brazil as the U.S. steps up its pursuit of individuals over corporate misdeeds.

 The former executive, Anthony Mace, appeared Thursday in federal court in Houston, where he admitted to conspiring to violate the U.S. Foreign Corrupt Practices Act. Mace’s appearance comes just days after a former sales executive of SBM, Robert Zubiate, pleaded guilty to the same charge. Mace is scheduled to be sentenced on Feb. 2.

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