Odebrecht will participate in Petrobras bids

Odebrecht Oil and Gas obtained an injunction by the Court of Rio de Janeiro.
19/07/2016 10h23 - Updated 19/07/2016 13h56
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The Odebrecht Oil and Gas obtained an injunction by the Court of Rio de Janeiro that the releases to participate in tenders for the provision of construction and assembly services for interventions in two Petrobras platforms, both operating in the Campos Basin.

The company was prevented from participating in tenders since December 2014, along with other suppliers in the industry, for suspected of involvement in a billionaire scheme of corruption investigated by Operation Lava Jato, involving former executives of various companies, politicians and political parties.

With the decision, given in 9 of June, by Judge Fernando Fernandes Fernandy, the 13th Civil Chamber of the Rio de Janeiro Court of Justice, the company may participate in bidding for interventions in the P-55 and P-62 platforms.

in the decision, the judge said that the blockade has lasted over a year and a half and can put the company at risk of the activity and contribute to the rise in unemployment.

“The rejection of advance relief, not present case, It is capable of causing serious damage to the aggravating… given the current scenario the reduction of the business company activities can lead, inclusive, rising unemployment.”

The Justice provides fine 10 million reais if Petrobras does not abide by the decision.

Source: Exame.com

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