Sevan Marine hires law firm to investigate bribery allegations

Sevan Marine, a Norwegian designer of cylindrical offshore drilling and production units, has engaged a law firm in relation to allegations linking the firm to a bribery scandal in Brazil.

In a statement issued today, Sevan Marine ASA has said it has recently become aware of articles in the Brazilian press which refer to a former manager and agent of Sevan Marine being named in connection with the Brazilian authorities’ investigation into corrupt activities involving Petrobras and Operation Car Wash (“Lava Jato”).

Moreover, Sevan Marine has said, based on the specific content of the Brazilian press articles, including that Sevan is named, the Company has engaged the law firm Selmer to conduct an investigation.

“Sevan Marine ASA has offered full co-operation and has been in contact with the relevant authorities on this matter,” the company added.