Brazil: Seadrill, Sapura latest firms to be targeted in Brazil’s ‘Car Wash’ probe

Brazilian and Dutch police executed dozens of search warrants on Wednesday as part of a corruption probe into offshore oil rig company Seadrill Ltd and Malaysia’s Sapura Energy Bhd, as Brazil’s famed ‘Car Wash’ corruption investigation eyes an increasing number of international firms.

In a statement, federal prosecutors in Brazil said they had carried out 25 searches, concentrated in Rio de Janeiro and Sao Paulo, while Dutch police had also carried out searches as part of a parallel investigation into the matter.

The prosecutors described the operation as an attempt to deepen ongoing probes into three contracts worth $2.7 billion signed between Sapura and state-run oil firm Petrobras in 2011. The contracts, for the construction and charter of three pipe-laying support vessels, known as PLSVs, are still in effect today, prosecutors said.

The original full article can be found at reuters.com

(Photo: REUTERS/Sergio Moraes)

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