Italian oil and gas services company Saipem is beefing up compliance by creating a new senior management position, the board of directors said last week.
Entries in Snamprogetti (51)
With its $152.6 million FCPA enforcement action Tuesday, Weatherford International has landed ninth on our list of the Top 10 FCPA cases of all time.
The only U.S.-headquartered company now on the FCPA top ten list is KBR (and its former parent, Halliburton). It landed second after paying $579 million in 2009 to settle an enforcement action for its role in the so-called TSKJ Nigeria consortium.
Hobbies are important and we try to make time for ours -- staring at the list of the biggest FCPA cases of all time.
As part of its $398 million settlement Wednesday, Total S.A. agreed with the SEC to disgorge $153 million of profit made from its bribery in Iran. That's the second biggest disgorgement in FCPA history.
With its $398 million enforcement action Wednesday, Total S.A. has landed fourth on our list of the Top 10 FCPA cases of all time.
The CEO of Italian energy giant Eni SpA is under investigation by Italian authorities for bribes allegedly paid in Algeria by its subsidiary Saipem SpA.
Two former executives of French engineering and construction giant Technip S.A. were handed light fines by a Paris court Wednesday for their role in the multi-million dollar bribery scheme to win contracts for development of the Bonny Island gas facility.
Italian oil and gas drilling contractor Saipem SpA confirmed that it is under investigation for corruption by Italian authorities for alleged payments in Algeria.