The contractor will pay £497 million to the UK’s Serious Fraud Office (SFO), $170 million to the US Justice Department and $26 million to Brazilian regulators.

The SFO said the Nigerian cases related to the proposed sale of equipment for Addax Petroleum’s Adanga project and Total’s Egina project, while the Russian case centred on Gazprom’s Portovaya gas plant near Leningrad.

Rolls-Royce’s chief executive Warren East said “the behaviour uncovered is completely unacceptable and we apologise unreservedly for it.