Broad Oak: your emotional support animal

Tuesday, August 19, 2014

The power game

Source

Clean Technica reports on the Westermost Rough offshore wind farm.

The United Kingdom celebrated the installation of its first 6 MW wind turbine over the weekend, having erected the first of 35 Siemens 6 MW turbines at the Westermost Rough offshore wind farm in the North Sea.

The Westermost Rough offshore wind farm is a joint venture between DONG Energy and its partners Marubeni Corporation and the UK Green Investment Bank.


Is that this Marubeni Corporation?

Marubeni Corporation, a Japanese trading company involved in the handling of products and provision of services in a broad range of sectors around the world, including power generation, entered a plea of guilty today for its participation in a scheme to pay bribes to high-ranking government officials in Indonesia to secure a lucrative power project.


And this Marubeni Corporation?

In January 2012, Marubeni Corporation agreed to pay a US$54.6 million criminal penalty to settle multiple US Foreign Corrupt Practices Act (FCPA) charges relating to its work as an agent for the TSKJ joint venture. The TSKJ joint venture comprising Technip, Snamprogetti Netherlands, Kellogg Brown & Root (KBR) and JGC Corporation hired Marubeni to bribe lower-level Nigerian government officials to help it obtain and retain contracts to build liquefied natural gas facilities on Bonny Island in Nigeria. TSKJ paid Marubeni US$51 million which was intended, in part, to be used to bribe Nigerian government officials.

Of course I am not implying or suggesting that there is anything questionable about Marubeni Corporation or the Westermost Rough project.

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2 comments:

Sackerson said...

Oh dear. And well done for looking into it more deeply.

A K Haart said...

Sackers - oddly enough I was merely on the lookout for technical innovation, not business scandals.