Uncategorized

SBM Offshore reaches final settlement with Brazilian prosecutor

Dutch FPSO provider SBM Offshore has reached a deal with the Brazilian prosecutor under which the prosecutor will refrain from initiating new legal proceedings against the company related to legacy bribery issues in Brazil.

Following a leniency agreement in July with Brazilian Authorities CGU (Ministério da Transparência e Controladoria-Geral da União) and AGU (Advocacia Geral da União) and Petrobras that allowed the company to resume normal business activities with Petrobras, SBM Offshore has now also signed an additional agreement with the Brazilian Federal Prosecutor’s Office (Ministério Público Federal – MPF).

Read more

Categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s