Statoil cancels letter of intent with subcontractor
Dec 16, 2016
The Norwegian oil and gas company Statoil has chosen to cancel a letter of intent for a backup SAR helicopter with one of its subcontractors due to suspected corruption.
Following information received, Statoil started investigating an employee for possible violation of company policies. The company informed the police about the case, and the police decided to open investigation against the employee, and a person working for a subcontractor, in suspected serious corruption.
Statoil’s internal investigation has been paused due to the on-going police investigation, why no legal charges have been issued and no verdict has been passed at this stage.
Following these circumstances, Statoil has decided to cancel a letter of intent for a backup SAR helicopter with the subcontractor. Statoil states that it has no other activities with the company in question, and that Statoil’s SAR capacity meets current requirements even without this extra helicopter service.