Court Ruling Could Cast Shadow Over Brazil’s Offshore Oil Sector
Editor’s Note: The Brazilian appeals court decision referred to below involves the FPSO OSX 3. The Court has based its decision on the grounds that Liberia is not a party...
Editor’s Note: The Brazilian appeals court decision referred to below involves the FPSO OSX 3. The Court has based its decision on the grounds that Liberia is not a party...
By Juan Pablo Spinetto (Bloomberg) — Out in the Atlantic Ocean, 130 miles off the coast of Brazil, an oil ship the length of New York City’s Chrysler building...
Oleo e Gas Participações SA, a Brazilian oil company under bankruptcy protection, on Monday said it suspended payments for an oil-production vessel to bankrupt ship-leasing company OSX Brasil SA for six months.
OSX Brazil said on Friday that its OSX-3 vessel arrived in Brazilian waters and would be delivered to sister oil producer OGX Petroleo e Gas Participações SA.
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