It is a main board listed company on the Euronext Amsterdam stock exchange and has been a member of the AEX index since 2003. It has been engulfed by a massive corruption scandal in Brazil, where it bribed officials in the state oil company Petrobras in order to secure contracts. SBM Offshore has avoided criminal prosecution in the Netherlands by paying a record settlement of $240 million to the Dutch Public prosecutor 'While in Brazil the Petrobras corruption affair — and SBM Offshore's major role in it — is inexorably building to a climax, the temperature in Netherlands appears to have dropped after a record settlement was reached with the Dutch Public Prosecutor (OM) in November last year.