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

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    SAO PAULO (Reuters) โ€“ Brazilian state-run oil firm Petrobras acknowledged 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 compensation by the Brazilian agency.

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

    (Reporting by Andre Romani)



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