Thursday, February 1, 2018

Singapore Arrests Former Keppel Execs in Brazil Bribery Probe

SINGAPORE, Feb 2 (Reuters) – Several former executives of Keppel Corp have been arrested by Singaporean authorities in a probe related to charges its rig-building unit bribed Brazilian officials, Singapore’s...

February 1, 2018
Total Views: 3

Thursday, January 25, 2018
keppel shipyard

Keppel Posts First Quarterly Loss in 14 Years on Bribery Fine

SINGAPORE, Jan 25 (Reuters) – Singaporean conglomerate Keppel Corp swung to its first quarterly net loss in 14 years, after accounting for a huge fine its rig-building unit agreed to...

January 25, 2018
Total Views: 2

Friday, December 29, 2017
keppel shipyard

Ex-Keppel Lawyer Cooperated with U.S. in Brazil Bribery Probe -Documents

  By Nate Raymond Dec 28 (Reuters) – A former lawyer at Keppel Corp Ltd’s oil rig building business secretly pleaded guilty and cooperated with U.S. authorities before the Singapore-based...

December 29, 2017
Total Views: 3

Friday, December 22, 2017

Keppel to Pay $422 Million to Settle Foreign Bribery Case in U.S., Brazil and Singapore

Singapore-based shipbuilder Keppel Offshore & Marine and its U.S. subsidiary have agreed to pay a total penalty of more than $422 million to resolve charges with authorities in the United...

December 22, 2017
Total Views: 50

Wednesday, August 3, 2016
keppel shipyard
Maritime News

Keppel’s Man in Brazil Says Managers Backed Bribes

By Sabrina Valle (Bloomberg) — 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...

August 3, 2016
Total Views: 14

Friday, October 23, 2015
kfels b class jack-up rig keppel
Maritime News

Keppel May Get Sucked Into Petrobras Bribery Scandal

SINGAPORE, Oct 23 (Reuters) – Singapore oil rig builder Keppel Corporation Ltd said it may face an investigation into deals with Brazilian state-run oil company Petrobras and rig builder Sete...

October 23, 2015
Total Views: 8

Sunday, February 8, 2015

Keppel FELS Denies Involvement in Petrobras Bribery Scandal

Last week, a huge corruption scandal at Petrobras resulted in an entire change-out of the top leadership at the Brazilian energy major.  A report by Brazilian news magazine Veja has alleged that representatives...

February 8, 2015
Total Views: 14