SAO PAULO (Reuters) – Brazilian state-run oil company Petrobras stated on Friday its board accepted an arrangement to work out a united state court conflict with EIG Energy Fund XIV, consisting of a $283 million repayment by the Brazilian firm.
In a safeties declaring, Petrobras stated the quantity of the backup is provisioned in its incomes. The instance is associated with EIG’s financial investment in FIP Sondas, a previous investor of drillship firm Sete Brasil.
(Reporting by Andre Romani)
