Organisation: Petrobras

Ex-Petrobras official appeals against US$9 million forfeiture order

A former engineer at Brazilian state energy company Petrobras convicted in Brazil of laundering bribes for construction group Odebrecht is challenging a court order that allows the Serious Fraud Office to seize £7.3 million (US$9 million) held in his UK bank account.

23 May 2023

Petrobras loses claim against Odebrecht

Brazil’s Petrobras has lost a US$162 million arbitration against the construction group formerly known as Odebrecht over alleged violations of a shareholders’ agreement for a petrochemicals company.

19 May 2023

Seacrest snaps up Petrobras assets amid divestment dispute

Bermuda-based investor Seacrest has enlisted Mattos Filho in Rio de Janeiro and Guyer & Regules in Montevideo withdraw a line of credit to acquire US$427 million worth of oil assets from Petrobras, amid an ongoing dispute surrounding the state-owned energy group’s divestment programme.

04 May 2023

Consortium snaps up more Brazilian oil assets

Tauil & Chequer Advogados in association with Mayer Brown and Demarest Advogados have helped a consortium of oil companies win a US$400 million stake in Agua Marinha, one of Brazil’s key oil fields.

18 January 2023

Cobra Group finalises Petrobras assets buy with Shell prepayments

Brazil’s Campos Mello Advogados in cooperation with DLA Piper and Ferrere (Uruguay) have helped Cobra Group – the Spanish affiliate of Brazilian power company Carmo Energy – complete its US$1.1 billion acquisition of onshore oil assets from Petrobras.

11 January 2023

Petrobras divests refinery to Brazil’s Atem

A subsidiary of Brazilian oil and gas group Atem has enlisted Mattos Filho to acquire a refinery from state-owned counterpart Petrobras for US$257 million.

22 December 2022

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