Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

US court dismisses claims against Keppel, Sembcorp in Petrobras suit

US court dismisses claims against Keppel, Sembcorp in Petrobras suit
A US court has ruled in favour of Sembcorp Marine and Keppel Offshore & Marine in a lawsuit filed by EIG Management against Brazilian state oil firm Petrobras.

Keppel Corp, Keppel Offshore & Marine, Sembcorp Marine and Jurong Shipyard had been named as defendants in suit bought by EIG Management against Petrobras over its investments in Sete Brasil, which are embroiled in a huge corruption scandal.

The US District Court of Colombia dismissed the claims against the Singapore companies which had major contracts with Sete Brasil.