Akastor latest Norwegian firm linked to Petrobras scandal

Akastor latest Norwegian firm linked to Petrobras scandal

The latest Norwegian company linked to the giant corruption scandal at Brazilian energy giant Petrobras involves a well-known name.

Newspaper Dagens Næringsliv has reported Akastor is now under investigation. Akastor was spun off from Aker Solutions last year. It is run by Kristian Monsen Røkke, son of the billionaire, Kjell Inge Røkke.

Another Norwegian company, Sevan Marine, is also being investigated for its business dealings with Petrobras.

The scandal surrounding Petrobras has spiralled to involve hundreds of companies around the world and billions of dollars.

Other Norwegian firms being questioned include LMG Marin and Subsea 7.

Norwegian offshore-related firms have invested around $20bn in Brazilian ventures.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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