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Oil Market Thursday, February 14, 2013

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Saipem, Scaroni investigated for bribes in Algeria

Eni Ceo Paolo Scaroni is under investigation in Milan for international corruption in the context of the investigation of an alleged bribe of almost 200mn euros to get contracts for Saipem in Algeria. To win contracts for work on the Medgaz gas pipeline and the Menzel Ledjmet Est (MLE) project in joint venture with the Algerian company Sonatrach – ...

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