Total has agreed to pay more than $398 million to settle Securities Exchange Commission and Department of Justice charges for violation of the Foreign Corrupt Practices Act.

Total will pay the SEC $153 million and the DOJ $245.2 million related to charges that the French oil major paid $60 million in bribes related to the development of Iranian oil and gas fields. The SEC payment is roughly in line with the commission’s estimated $150 million in profits that Total netted from the scheme.

The charges assert that Total’s ability to secure and execute a contract to develop Iran’s Sirri A and Sirri E oil and gas fields in partnership with the National Iranian Oil Company (NIOC) involved an illicit arrangement with an Iranian official under the guise of a consulting agreement.

“Total attempted to cover up the true nature of the illegal payments by entering into sham consulting agreements with intermediaries of the Iranian official and mischaracterizing the bribes in its books and records as legitimate ‘business development expenses’ related to the consulting agreements,” said the SEC in a statement announcing the charge.

The SEC added that Total also was charged today by the prosecutor of Paris of the Tribunal de Grande Instance de Paris for violations of French laws.