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Seadrill subsidiary's offices searched in connection with Brazilian corruption case

Norway's Seadrill is now being dragged into a large-scale corruption case in Brazil after one of its subsidiaries had its offices searched. The case allegedly concerns contracts for pipe-laying support vessels worth billions of dollars.

Photo: SERGIO MORAES/REUTERS / X90023

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Alfa Laval buys StormGeo following bidding war

There were plenty of interested buyers for tech company StormGeo, but the company ultimately decided to enter a deal with Sweden's Alfa Lava, which placed the best offer, says partner in StormGeo's majority owner EQT to ShippingWatch. Updated.

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