AUSTRALIA

Corruption scandal engulfs GLNG/Gorgon/Icthys contractor

MAJOR oil and gas industry contractor Saipem is embroiled in a corruption scandal relating to contracts in Algeria, with the Italian prosecutor for Milan sending the firm a notice of inquiry.

Corruption scandal engulfs GLNG/Gorgon/Icthys contractor

As a result, Saipem boss Pietro Tali has resigned as CEO, deputy chairman and director of the board. The company's chief operating officer of the company's engineering and construction business unit,...

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