SINGAPORE (Dec 26): Singapore oil rig builder Keppel Corp's deal to pay a US$422 million ($567 million) fine to resolve Brazilian bribery charges has brought smaller rival Sembcorp Marine into focus, with some analysts saying a similar fine would hurt Sembcorp more.

Shares of both Keppel and Sembcorp slid more than 3% on Tuesday after Keppel's offshore rig building unit agreed to pay the fine to resolve charges it bribed Brazilian officials, including some at state-run oil company Petrobras, US authorities said on Friday.

Sembcorp Marine has also been named among foreign companies that did business with people who are under investigation in Brazil as part of a massive corruption investigation.

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