Petrobras to appeal Dutch ruling favorable to U.S. oil firm Vantage
Share:
SAO PAULO (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Wednesday it will appeal a Dutch court ruling related to the suspension of a drilling contract with U.S.-based Vantage Drilling Co . Petrobras said it was informed that a Dutch court had granted a request by the U.S. oil services company to seize shares of two subsidiaries, among other assets."The company will seek all legal measures to overturn the arbitration ruling and to defend its position," Petrobras said..