Brazil

Petrobras lifts business plan 31% to US$102 billion in major shift  - THE EDGE SINGAPORE

Oil & Gas

Petrobras lifts business plan 31% to US$102 billion in major shift

'Previously, you saw a company with no future, failing to invest'

Broker's Calls

CGS-CIMB maintains 'add' call on Seatrium ahead of 1HFY2023 earnings, flags contract win in Brazil

Seatrium, which has already built up an order book of more than $20 billion, might secure another $7 billion in the coming FY2024
CPIB launches investigation into Seatrium for alleged corruption in Brazil (update) - THE EDGE SINGAPORE

Offshore & Marine

CPIB launches investigation into Seatrium for alleged corruption in Brazil (update)

The company appointed a former CPF board member as additional director on the same day.

Broker's Calls

CGS-CIMB maintains 'add' call on Sembcorp Marine following news of probe in Brazil

Contracts from Brazil account for 67% of the combined order book of Sembcorp Marine and Keppel's former offshore and marine unit
Keppel O&M delivers second LNG carrier to Avenir LNG - THE EDGE SINGAPORE

Offshore & Marine

Keppel O&M delivers second LNG carrier to Avenir LNG

The carrier has a capacity of 7,500 cubic meters and will be used to deliver LNG in Brazil.
Golden Agri-Resources enhances sugar trading business with new Brazilian subsidiary - THE EDGE SINGAPORE

Agriculture / Hotels / Restaurants

Golden Agri-Resources enhances sugar trading business with new Brazilian subsidiary

GAR Brazil is backed by experienced professionals, with a business focus on containerised white sugar.

Offshore & Marine

Brazil's Comptroller General initiates administrative enforcement procedure against Keppel O&M following 2017 corruption scandal

The Office of the Comptroller General of Brazil (CGU) has begun an administrative enforcement procedure against Keppel Offshore & Marine (Keppel O&M) and its other companies in relation to its bribery case in 2017.

Management & Corporate Governance

Ex-Keppel agent admits guilt in US in Petrobras bribe scam

(June 26): A former agent of a US unit of Keppel Offshore & Marine, the world’s biggest builder of oil rigs, pleaded guilty in a scheme to pay bribes to Brazilian officials tied to the Petrobras scandal.
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