Petrobras files writ to suspend injunction against Transocean

Sept. 28, 2012
Petróleo Brasileiro SA hast filed a writ of mandamus, in the capacity of injured third party, to suspend the injunction that ordered Transocean Brasil Ltda. to cease work offshore.

Offshore staff

RIO DE JANEIRO –Petróleo Brasileiro SA hast filed a writ of mandamus, in the capacity of injured third party, to suspend the injunction that ordered Transocean Brasil Ltda. to cease work offshore.

The injunction affects Petrobras by shutting down seven rigs currently in operation chartered by Transocean to Petrobras, in addition to not allowing the operation of an additional chartered rig that is docked.

The legal issues are the result of anincident at Frade field late in 2011.

Petrobras says it is acting to contract new rigs and to relocate others in operation to fill in for the Transocean rigs as necessary.

9/28/2012