MARKETS

TechnipFMC defends prosecution brought by Australian regulator

COURT DOCUMENTS reveal TechnipFMC is appealing an earlier judgment allowing the Commonwealth Director of Public Prosecutions to bring new criminal charges against the company over an alleged breach of deep-sea diving laws at Chevron's offshore Wheatstone project.

TechnipFMC defends prosecution brought by Australian regulator

Last year Technip was acquitted of breaching the safety laws. However, this acquittal was successfully appealed this year by the DPP.  The contractor was to face criminal charges in the WA magistrates...

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