AET Tankers, the petroleum transportation unit of Malaysia’s MISC, is building on its relationship with Brazilian national oil company Petrobras, winning another, bigger shuttle tanker contract.

Norway-based Aker Solutions won a contract to provide maintenance and modifications services for three platforms at Petrobras-operated oil and gas fields offshore Brazil, expanding its business in a key international market, the company announced Thursday.

A number of former senior executives of Keppel Corp are reported have been arrested and bailed in Singapore over a corruption scandal involving Keppel Offshore & Marine in Brazil.

The $422m in fines for corruption in Brazil by Keppel Corp's offshore and marine division dragged it to a SGD495m ($378.9m) net loss in Q4.

A consortium of Mitsui-linked Japanese companies will work on floating production storage and offloading (FPSO) vessel project for Petrobras.

Keppel Offshore & Marine (Keppel O&M) is to pay $422m in fines to settle bribery and corruption cases in Brazil.

Smaller offshore market orders continue to trickle in with Keppel Offshore & Marine (Keppel O&M) picking up some SGD130m ($96.2m) worth of projects from repeat customers.

The final day of Marintec South America 2017 highlighted some of the major developments taking place in Brazil’s maritime industries and the international impact these will have.

Keppel Corp has admitted that certain transactions made its former agent in Brazil Zwi Skorniki between Petrobras and Sete Brasil may be “suspicious”.

The third and last day of the 13th Marintec South America highlighted the fact that there is optimism towards the future, as the Brazilian maritime industry prepares for a new growth period in 2017.

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