Italian Co. Cops To Role In $17.3M Turbine Export Scheme

Law360 (May 27, 2021, 4:39 PM EDT) -- An Italian energy services firm has pled guilty to attempting to export a turbine worth $17.3 million to a blacklisted Russian company, scoring a third win for federal prosecutors in the international conspiracy case.

GVA International Oil and Gas Services admitted to violating the Export Control Reform Act in a plea agreement entered Wednesday in Georgia federal court. According to the agreement, GVA worked with a Russian energy company to procure and ship the high-powered turbine from the U.S. to Russia for use on an Arctic deepwater drilling platform.

"This conspiracy represents a tangled web of deceit designed to allow Russian...

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