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Violation Tracker Individual Record

Company: Technip S.A.
Current Parent Company: TechnipFMC
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Penalty: $240,000,000
Year: 2010
Date: June 28, 2010
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Mega-Scandal: Foreign Bribery
Violation Description: Technip S.A., a global engineering, construction and services company based in Paris, agreed to pay a $240 million criminal penalty to resolve Foreign Corrupt Practices Act charges relating to its alleged participation in a decade-long scheme to bribe Nigerian government officials to obtain engineering, procurement and construction contracts.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: oilfield services and supplies
Specific Industry of Current Parent: offshore energy services
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.