TechnipFMC fined USD 296 million in corruption case

Oil service group TechnipFMC reaches settlement with US and Brazilian authorities, receiving a fine of almost USD 300 million in a case involving bribery in Brazil and Iraq.

by CHRISTIAN CARLSEN

French shipowner and oil service group TechnipFMC will pay a fine of USD 296 million in a settlement with US and Brazilian authorities in a case in which the company is accused of bribery.

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