Basic Search  |  Summaries  |  Advanced Search

Violation Tracker UK Individual Case

Company: Amec Foster Wheeler Limited
Current Parent CompanyWood Group
Parent at the Time of the Penalty Announcement: Wood Group
Penalty: £103,000,000
Year: 2021
Date: 2 July, 2021
Offence Group: competition-related offences
Offence Type: bribery
Violation Description: The Serious Fraud Office entered into a Deferred Prosecution Agreement (DPA) with Amec Foster Wheeler Limited (AFWEL) relating to the use of corrupt agents in the oil and gas sector. In entering into the DPA, AFWEL has taken responsibility for ten offences of corruption relating to the use of corrupt agents in the oil and gas sector by the legacy Foster Wheeler business. The offences spanned from 1996 to 2014 and took place across the world, in Nigeria, Saudi Arabia, Malaysia, India and Brazil.
Action Type: agency action
Settlement Type: deferred prosecution agreement
Agency: Serious Fraud Office
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: publicly traded
Major Industry of Parent: oilfield services and supplies
Specific Industry of Parent: oilfield services
Source of Data(click here)