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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

In SEC v. Jackson and Ruehlen, judge denies everyone’s motions

Federal district judge Keith B. Ellison denied motions for summary judgments filed by the SEC, and by former Noble executives Mark Jackson and James Ruehlen.

Jackson, Noble’s former CEO, and Ruehlen, the head of Noble’s Nigeria unit, asked Judge Ellison to rule that the SEC didn’t have enough evidence in the civil suit against them for a jury to decide they violated the FCPA.… Continue Reading

Feds continue Halliburton Angola, Iraq investigations

Here’s the latest FCPA disclosure from oil field services firm Halliburton Company from its Form 10-K filed with the SEC on February 7:

_________

We are conducting internal investigations of certain areas of our operations in Angola and Iraq, focusing on compliance with certain company policies, including our Code of Business Conduct (COBC), and the FCPA and other applicable laws.… Continue Reading

Parker Drilling in $15.85 million settlement

Houston-based Parker Drilling Company resolved Foreign Corrupt Practices Act charges Tuesday for bribes paid to Nigerian officials through an agent to circumvent customs and tax laws.

Parker agreed to pay the DOJ a criminal penalty of $11.76 million.… Continue Reading

Nabors wins declination

Oil services firm Nabors Industries Ltd. said Wednesday the DOJ won’t bring an FCPA enforcement action after an investigation first launched more than five years ago.

Nabors was a customer of Panalpina but not among the seven companies that settled FCPA cases on the same day in November 2010.… Continue Reading

SEC declination for Nabors

Oil services firm Nabors Industries Ltd. was a customer of Panalpina but not among the six that settled FCPA cases on the same historic day in November 2010.

Panalpina, a Swiss-based logistics firm, admitted paying bribes to help customers move their drill rigs and other equipment in and out of Kazakhstan, Saudi Arabia, Algeria and Nigeria, among others.… Continue Reading

Halliburton Opens New Investigation

Oil and gas services giant Halliburton said it has opened a new investigation into payments by operations in Angola and Iraq.

The payments to third-party agents were for customs clearance and visa issues.… Continue Reading