Suspension of Injunction that Ordered Shutdown of Transocean?s Activities in Brazil

By MarEx 2012-10-03 15:09:44

Petrobras announces that on Friday, September 28, the Supreme Court of Justice has partially suspended the injunction that ordered the shutdown of the activities of Transocean Brasil Ltda (Transocean).

This suspension by the Supreme Court of Justice, which is in response to an action filed by Brazil's National Petroleum Agency (ANP), allows for "Transocean to continue its activities in Brazil, in locations other than Frade field".