Sunday, August 23, 2020
petrobras carwash probe
Maritime News

Maersk Executive Charged In Petrobras Corruption Scheme

by Marcelo Rochabrun (Reuters) – Brazilian prosecutors pressed charges on Friday against two people for an alleged scheme to obtain confidential market information from Petrobras to benefit A.P. Moller-Maersk, the...

August 23, 2020
Total Views: 198

Friday, September 28, 2018
petrobras carwash probe
Maritime News

Petrobras to Pay $853 Million U.S. Fine in Car Wash Probe

By Carolina Mandl SAO PAULO, Sept 27 (Reuters) – Petróleo Brasileiro SA will pay an $853.2 million fine to settle charges that former executives and directors of the state-run Brazilian...

September 28, 2018
Total Views: 2

Friday, July 13, 2018
News

Brazil Charges Former Vantage Drilling CEO with Corruption

BRASILIA, July 12 (Reuters) – Brazilian federal prosecutors on Thursday charged the former chief executive of U.S. oil services company Vantage Drilling with corruption and money laundering, accusing him of...

July 13, 2018
Total Views: 15

Wednesday, January 3, 2018
petrobras carwash probe
News

Petrobras to Pay $2.95 Billion to Settle U.S. Class Action Over Corruption

By Brendan Pierson NEW YORK, Jan 3 (Reuters) – Brazil’s state-controlled oil company, Petroleo Brasileiro SA, said Wednesday that it has agreed to pay $2.95 billion to settle a U.S....

January 3, 2018
Total Views: 0

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: 12

Friday, May 27, 2016
Petrobras 1000 drillship
Maritime News

Foreign Companies Named in Brazil’s “Car Wash” Probe

May 27 (Reuters) – Brazilian police said this week they were investigating local units of three international steelmakers in a massive corruption investigation involving the country’s state-run oil company, Petroleo...

May 27, 2016
Total Views: 30

Thursday, May 19, 2016
keppel shipyard
Maritime News

Shipyards Named in Petrobras Suit

May 19 (Reuters) – Investment management firm EIG Management Co added Brazil’s engineering conglomerate Odebrecht SA and a few other shipyards in its $221 million fraud suit against Petroleo Brasileiro...

May 19, 2016
Total Views: 14

Monday, April 4, 2016
Maritime News

Petrobras Sought Arbitration in Sete Brasil Talks, Sources Say

By Guillermo Parra-Bernal and Aluísio Alves SAO PAULO, April 4 (Reuters) – State-controlled Petróleo Brasileiro SA unsuccesfully sought the appointment of arbiters to rework a long-term contract with debt-laden drilling...

April 4, 2016
Total Views: 19

Tuesday, March 8, 2016
Maritime News

Former Odebrecht Head Sentenced to 19-Years in Petrobras Bribery Scandal

By Blake Schmidt and Sabrina Valle (Bloomberg) — Marcelo Odebrecht, the former head of one of Brazil’s largest industrial conglomerates, was sentenced to 19 years and four months in jail...

March 8, 2016
Total Views: 0

Monday, February 1, 2016
Maritime News

Former Petrobras Exec Sentenced Over Vantage Drilling Contract

SAO PAULO, Feb 1 (Reuters) – A Brazilian judge sentenced the former head of state-run oil company Petrobras’ international division to 12 years and two months in jail for corruption...

February 1, 2016
Total Views: 22

Thursday, December 17, 2015
News

Brazil Charges 12 in SBM Offshore Bribery Scheme

RIO DE JANEIRO, Dec 17 (Reuters) – Brazilian prosecutors on Thursday charged 12 people with a bribery scheme involving Dutch firm SBM Offshore NV, the world’s top leaser of oil...

December 17, 2015
Total Views: 1

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: 5

Thursday, September 24, 2015
Petrobras 1000 drillship
Offshore

Transocean Linked to Petrobras Bribery Scandal for First Time

  By Peter Millard and Yasmine Batista (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, is being linked for the first time to the corruption probe of Petroleo...

September 24, 2015
Total Views: 37

Wednesday, September 2, 2015
News

Vantage Drilling Bonds Plunge as Petrobras Cancels Deal Amid Bribe Probe

  By Sridhar Natarajan (Bloomberg) — Bonds of Vantage Drilling Co. dropped as Petroleo Brasileiro SA terminated a $1.7 billion drill deal amid a bribery investigation. The deepwater-rig owner’s $1.1...

September 2, 2015
Total Views: 27

News

Petrobras Cancels Vantage Drillship Contract Citing Breaches

  Houston-based Vantage Drilling says it has been notified by Petrobras terminating it’s contract for the Titanium Explorer drillship. The 8-year contract for the drillship has been in place since...

September 2, 2015
Total Views: 11

Monday, August 17, 2015
Petrobras 1000 drillship
Maritime News

Former Petrobras Exec Sentenced to 12 Years in Prison Over Samsung Drillship Bribe

  SAO PAULO, August 17 (Reuters) – A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just over 12 years in prison on Monday...

August 17, 2015
Total Views: 5

Friday, August 14, 2015
Offshore

Key Moments in Petrobras Corruption Scandal – TIMELINE

  By Caroline Stauffer Aug 14 (Reuters) – Prosecutors and federal police in Brazil have unearthed the country’s largest-ever corruption scandal by linking a ring of black-market money changers to...

August 14, 2015
Total Views: 12

Friday, August 7, 2015
News

Petrobras Bribery Scandal – Six Charged Over Vantage Drilling Rig Contract Award

  SAO PAULO, Aug 6 (Reuters) – Brazilian prosecutors on Thursday presented formal charges against Jorge Zelada, the former head of state-run oil firm Petrobras’ international division, and five others,...

August 7, 2015
Total Views: 11