The U.S. drops corruption charges against Snamprogetti Netherlands, a former indirect subsidiary...

|By:, SA News Editor

The U.S. drops corruption charges against Snamprogetti Netherlands, a former indirect subsidiary of Eni (E) and a current unit of oil service group Saipem, in which Eni owns 43%. In 2010, the DOJ filed charges against Snamprogetti, as part of a consortium, for the corruption of Nigerian officials for contracts to build an LNG facility.