Petrobras receives settlement payment related to Operation Car Wash
Brazilian energy company Petrobras said June 25 it received the third and final payment from an affiliate of TechnipFMC as part of the effort to resolve anti-corruption issues in Brazil.
Petrobras said it received the third and final installment of $54.8mn from Technip Brasil and Flexibras, companies within the larger oil and gas services company Technip FMC.
|
Advertisement: The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business. |
“These reimbursements arise from Petrobras' status as a victim in the crimes investigated in Operation Car Wash,” the company said.
The operation refers to allegations of corruption at Petrobras, which was accused of taking bribes in exchange for lucrative contracts. The US Justice Department in 2019 found that TechnipFMC and its US subsidiary paid bribes to Brazilian officials. The company agreed to pay more than $296mn to resolve the charges.
TechnipFMC had no comment on the payment. On June 3, the company said it was awarded its first engineering, procurement, construction and installation contract in Brazil for work at the offshore Patola field for an undisclosed sum.