On Wednesday, Brazil’s state-run oil major Petrobras agreed to pay USD 2.95 billion, as a settlement to a US class action corruption lawsuit. The so-called “Car Wash” corruption concerned executives allegedly receiving bribes in return for awarding contracts to construction firms at inflated prices since 2014.
As informed, the CVM, Brazilian equivalent to the US Securities and Exchange Commission, imposed accusations to eight people, including two ex-CEOs of the company, related to irregularities in the contracting process for three drill ships.
Petrobras and ExxonMobil will evaluate areas of common interest across all sectors of the oil and gas production value chain, including opportunities for collaboration in exploration, production, gas and chemicals both inside and outside Brazil.
US authorities are conducting an investigation into the fatality of a worker onboard a drillship operated by Brazilian oil and gas company Petrobras in the Gulf of Mexico, about 172 miles south of Port Fourchon, Louisiana.
One mistake after another may be the cause of the explosion on BW Offshore’s FPSO Cidade de São Mateus
One of the four missing Brazilians is found deceased, bringing the total number of fatalities up to six persons.
Update on Petrobras FPSO accident
CMM has taken delivery of a Damen Platform Supply Vessel 3300. The 80-metre, 3,300t deadweight vessel CMM Gravity will be deployed in the Brazilian waters from June 2014 on a 4+4 year contract with Petrobras
Kongsberg Maritime has been chosen to deliver substantial technology packages for ten new pipelaying vessels ordered by Brazilian multinational energy corporation, Petrobras
GE Technology Will be Used on Four New Petrobras FPSOs
- Cyber Security
IMO experiences cyber attack01/10/2020
Canada invests $1.7 million in oil spill response equipment01/10/2020
ICS: COVID-19, shipping decarbonization in the spotlight for 202001/10/2020
DHL to decarbonize LCL ocean freight shipments from 202101/10/2020
Integrated grid for UK offshore wind could save £6 billion by 205001/10/2020
ONE implements low sulphur fuel surcharge in South Korea01/10/2020
Pilot project for hydrogen energy supply chain between Australia and Japan01/10/2020
Seafarers to be guaranteed minimum wage after law change by UK01/10/2020
Drewry reports strong comeback of global container port throughput index01/10/2020
Changes to the "Seed cakes" entries in the IMSBC Code01/10/2020