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Vantage Drilling International, based in the Cayman Islands, announced today (2) on its website that it has successfully sued Petrobras in an arbitration court for $ 622.02. US. millions. According to the company, the court awarded Vantage Deepwater Company and Vantage Deepwater Drilling, Inc. wholly-owned subsidiaries of Vantage.
According to the company, the court considered in the ruling that Petrobras America, Inc. (PAI) and Petrobras Venezuela Investments & Services, BV (PVIS), Petrobras subsidiaries, violated the agreement of drilling services of the Titanium Explorer -sound vessel, signed on February 4, 2009.
According to Vantage, on August 31, 2015, the two subsidiaries of Petrobras (PAI and PVIS) informed it of the termination of the drilling contract , claiming that Vantage had breached its obligations under the drilling contract. The company said that it had immediately filed an international arbitration action against the subsidiaries and Petrobras, alleging unfair termination of the drilling contract.
On the company's note, Vantage CEO Ihab Toma, is satisfied with the court's decision and added that the company remains focused on providing services of high quality drilling to its customers.
Vantage Drilling International presents itself as an offshore drilling contractor. He also reports that he has a fleet of three ultra-deep drills and four high-quality aerial platforms.
The main business of Vantage is to hire drilling units, related equipment and work crews, mainly daily to drill oil and natural gas wells for large national and independent oil and gas companies around the world.
The contract between the two companies appeared in Lava Jato. In 2016, Judge Sergio Moro sentenced former Petrobras regional director, Jorge Zelada, to 12 years and 2 months in prison for crimes of "pbadive bribery" for having benefited from an unfair advantage for himself and for others in the contract between Petrobras and Company Vantage Drilling to provide the Titanium Explorer "; and by money laundering.
In addition, businessman Raul Schmidt, whose extradition attempts to Portugal failed, despite initial favorable decisions in Brazil, is the subject of An investigation by Lava Jato, suspected of paying $ 31 million tuition from Petrobras Jorge Zelada, of which he would be a partner; Renato Duque and Nestor Cerveró
According to the Lava Jato working group, the businessman negotiated in 2009 the bribing of the Petrobras board of directors International by hiring the Vantage Drilling Corporation to charter the $ 1.8 billion US. He is accused of crimes of pbadive bribery, money laundering and criminal organization.
Until this case is closed, Petrobras did not respond to the request for a statement on the outcome of the arbitration.
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