London-based offshore drilling company reports US authorities have closed investigations into the company’s involvement in Operation Car Wash

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.

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