Parker Drilling’s Kelly Thorman discusses bribery and corruption in oil and gas and how companies can equip themselves with compliance measures. At the mention of corruption in oil and gas, it’s easy to first think of scandals such as the billion-dollar securities settlement from Brazil’s state-owned oil company Petrobras , but truth is, following the industry downturn, energy service companies remain eager to jump at new opportunities in international markets. With increased competition for these emerging opportunities and business developers looking to distinguish themselves, company employees may look at this as a time to get a little extra for themselves. This can create an environment ripe for bribery, according to Kelly Thorman, who spoke Feb. 27 at a Women’s Energy Network (WEN) luncheon in Houston. Thorman, who serves as managing counsel for global compliance at Parker Drilling, shared information about the Foreign Corrupt Practices Act (FCPA). The FCPA was […]