Marine Link
Thursday, October 18, 2018

Sevan Drilling Cleared in Petrobras Bribery Case

Maritime Activity Reports, Inc.

May 6, 2018

Photo: Sevan Drilling ASA

Photo: Sevan Drilling ASA

 Noway’s anti-corruption agency Økokrim has closed an investigation into Sevan Drilling over the company’s drilling contracts won with Petrobras between 2005 and 2008.

 
"Reference is made to the public announcement by Sevan Drilling dated 16 October 2015 regarding Økokrim's investigation of the Company's subsidiary Sevan Drilling ASA in respect of payments made to agents in relation to drilling contracts originally awarded by Petrobras to Sevan Marine ASA in the period between 2005-2008," said a press release from the company.
 
It has been notified that Økokrim today has completed the investigation against Sevan Drilling ASA and the orginal charges have been dismissed.
  
 Økokrim has investigated payments related to agent agreements entered into in connection with the companies' agreements with the state-owned Brazilian oil company Petrobras.
 
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