ShippingWatch

Seadrill explains itself in Sevan’s corruption case

Norway’s Sevan Marine has taken a long hard look at itself and seen signs that the company might have made irregular payments to the corruption-accused Brazilian oil company Petrobras. But the payments were made before Seadrill entered the company, it says in a stock market release.

Seadrill now comments on news that Sevan Marine has turned itself over to Norwegian authorities due to its possible involvement in corrupt practices.

Seadrill stresses that it entered Sevan Drilling after the alleged illegal contracts were entered into.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs