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Saipem Units Under Investigation in Brazil for Irregularities in Petrobras Contracts

Written by Paulo Nogueira

Published on 31/05/2019 at 08:19

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Saipem Told Brazilian Court That It Is Confident No Wrongdoing Occurred in the Awarding of These Contracts

The Italian oil services group Saipem said Brazilian authorities opened proceedings into alleged irregularities regarding two of its businesses in the awarding of a contract in 2011.

Saipem, which is controlled by the oil company Eni and the Italian Cassa Depositi e Prestiti, said its French and Brazilian subsidiaries were notified on Thursday that authorities had initiated administrative proceedings.
The case revolves around a €56 million (US $62 million) contract awarded by Petrobras for the installation of a submarine pipeline connecting the Lula and Cernambi fields in Santos, in southern Brazil.
Saipem expressed confidence that no wrongdoing occurred in the awarding of the contract and stated that its units would cooperate in the process. ($ 1 = 0.8981 euros). Reuters

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Paulo Nogueira

Eletrotécnica formado em umas das instituições de ensino técnico do país, o Instituto Federal Fluminense - IFF ( Antigo CEFET), atuei diversos anos na áreas de petróleo e gás offshore, energia e construção. Hoje com mais de 8 mil publicações em revistas e blogs online sobre o setor de energia, o foco é prover informações em tempo real do mercado de empregabilidade do Brasil, macro e micro economia e empreendedorismo. Para dúvidas, sugestões e correções, entre em contato no e-mail informe@en.clickpetroleoegas.com.br. Vale lembrar que não aceitamos currículos neste contato.

Saipem Units Under Investigation in Brazil for Irregularities in Petrobras Contracts

Saipem Told Brazilian Court That It Is Confident No Wrongdoing Occurred in the Awarding of These Contracts

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