SBM Offshore confirms formal closure of Brazil legacy case
(WorldNews Netherlands)

SBM Offshore received notification that the Federal Court has formally closed the Improbity Lawsuit filed by the Brazilian Federal Prosecutors Office (Ministério Público Federal, MPF) in 2017. This approval makes the Leniency Agreement between the MPF and SBM Offshore effective, which comprises a final settlement of BRL200 million which will be paid to Petrobras. Corporate Profile SBM Offshore N.V. is a listed holding company that is headquartered in Amsterdam. It holds direct and indirect interests in other companies that collectively with SBM Offshore N.V. form the SBM Offshore Group (`the Company`). SBM Offshore provides floating production solutions to the offshore energy industry,...