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Petrobras gets blocks $892.7 mln by court from SBM related to Petrobras contracts

 

 

By Reuters

SAO PAULO
Petroleumworld 09 06 2018

A Brazilian federal court ruled that state-run oil company Petroleo Brasileiro SA can subtract $892.7 million it owes in future fees to Dutch group SBM to cover fines and damages it has been ordered to pay Petrobras for its role in a graft scheme, according to a written statement prosecutors released on Friday.

Under a lawsuit filed against companies in the Dutch group, federal prosecutors calculated losses incurred by Petrobras under the scheme amounted to $303 million.

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Reporting by Ana Mano Editing by Chizu Nomiyama from Reuters


Reuters.com 09 06 2018

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