The Commission stated: "The Securities and Exchange Commission today announced settled charges against Frank's International N.V., now known as Expro Group Holdings N.V., for violating the anti-bribery, books and records, and internal accounting controls provisions of the Foreign Corrupt Practices Act. Frank's International was a Dutch corporation and global oilfield services provider. The SEC found that Frank's International's subsidiaries used an agent to pay bribes in connection with Angolan contracts."

On April 26, 2023, the SEC instituted settled cease-and-desist proceedings against Frank's International N.V., stating: "This matter concerns violations of the anti-bribery, books and records, and internal accounting controls provisions of the Foreign Corrupt Practices Act ("FCPA") by Frank's. From approximately January 2008 through October 2014, Frank's paid commissions to a sales agent in Angola when Frank's subsidiary employees based in the region knew that there was a high probability that the agent would use the commissions to bribe Angolan government officials on behalf of Frank's. In fact, some of the funds were diverted to an Angolan government official to influence the award of oil and natural gas services contracts. During the relevant period Frank's lacked adequate internal accounting controls related to the retention and payment of agents that interacted with foreign government officials on behalf of the company."