United StatesTechnologyBrazil's Petrobras to pay $283 million to work out...

Brazil’s Petrobras to pay $283 million to work out united state court docket battle with EIG

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SAO PAULO (Reuters) – Brazilian state-run oil firm Petrobras said on Friday its board accepted an association to work out a united state court docket battle with EIG Energy Fund XIV, consisting of a $283 million reimbursement by the Brazilian agency.

In a safeties declaring, Petrobras said the amount of the backup is provisioned in its incomes. The occasion is related to EIG’s monetary funding in FIP Sondas, a earlier investor of drillship agency Sete Brasil.

(Reporting by Andre Romani)



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