In a report filed with the Securities and Exchange Commission today, Noble Corporation plc reported that both the SEC and the Department of Justice have closed their investigations of the company’s involvement in the long-running Brazilian corruption investigation known as Operation Car Wash. The investigation focused on a commercial agent in Brazil connected to the company’s drilling contracts with Petróleo Brasileiro S.A. (“Petrobras”). The agent pleaded guilty in Brazil in 2015 for his involvement in the award of a Petrobras drilling contract to a Noble competitor. Noble reported that it is still under investigation by the Brazilian federal prosecutor’s office.
February 21, 2019
London-based offshore drilling company reports US authorities have closed investigations into the company’s involvement in Operation Car Wash
Related by Topic
New Post
DOJ issues declination with disgorgement letter to Boston Consulting Group for possible FCPA offenses
August 29, 2024
News Alert
New Post
Former oil and gas trader pleads guilty to additional FCPA charges
August 23, 2024
News Alert
Smartmatic executives indicted for money laundering and FCPA violations
August 12, 2024
News Alert