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Vantage Deepwater Company et al v. Petrobras America Inc et al

  1. November 21, 2018

    Bribery Deal With SEC Kills $622M Award, Petrobras Says

    Petrobras has bolstered its contention that it should not have to shell out a $622 million arbitration award to a former drilling services partner, arguing that the partner’s deal with the U.S. Securities and Exchange Commission in a related bribery matter cancels its obligation.

  2. November 09, 2018

    Vantage Pushes Back On Petrobras Expert In $622M Battle

    Vantage Deepwater Co. continues to push a Texas federal court to strike the declaration of an expert Petrobras relied on to support its bid to vacate a $622 million award, claiming the testimony is unreliable and that a second declaration does not remedy the issues.

  3. October 29, 2018

    Petrobras Says Arbitrator's Views Needed In $622M Award Suit

    Brazilian oil company Petrobras has reiterated its bid to subpoena an arbitrator who sat on the tribunal that issued a $622 million award to Vantage Deepwater Co., telling a Texas federal court his "unprecedented" dissent illustrates how flawed the underlying arbitration was.

  4. October 04, 2018

    Petrobras Can't Prove Bias To Nix $622M Award, Vantage Says

    Vantage Deepwater Co. defended a $622 million arbitral award over a drilling contract against Brazilian oil company Petrobras, telling a Texas federal court Petrobas’ claims that the driller's appointed arbitrator was biased don’t meet the high standard to warrant vacating the award.

  5. September 28, 2018

    Petrobras Says $622M Drilling Award Must Be Nixed

    Petrobras has urged a Texas federal court to nix a more than $622 million arbitral award issued to Vantage Deepwater Co., saying the Texas driller's appointed arbitrator, Charles N. Brower, displayed open hostility to Petrobras and improperly refused to consider allegations that the underlying contract had been tainted by bribery.

  6. August 28, 2018

    Vantage Freezes Petrobras' Dutch Assets For $622M Award

    A Dutch court has allowed Vantage Deepwater Co. to freeze assets belonging to Petrobras to secure a more than $622 million arbitral award the Texas driller won after the Brazilian oil company prematurely terminated an eight-year drilling contract, according to documents filed in Texas federal court.

  7. July 10, 2018

    Vantage Wants Petrobras To Post Bond In $622M Award Row

    Vantage Deepwater Co. urged a Texas federal court Monday to order Petrobras to post security on a $622 million arbitral award it secured against the Brazilian company in a dispute over the early termination of a Gulf of Mexico drilling deal, saying it is concerned Petrobras will attempt to avoid payment.

  8. July 05, 2018

    Petrobras Says It Will Fight $622M Arbitration Result

    Petrobras America Inc. said it will fight a $622 million arbitration award that was won by Vantage Deepwater Co. in a dispute over the early termination of a Gulf of Mexico drilling deal, arguing that the outcome was achieved through an unfair process.

  9. July 02, 2018

    Oil Driller Seeks OK Of $622M Petrobras Arbitration Award

    Vantage Deepwater Company asked a Texas federal court on Monday to confirm a $622 million arbitration award stemming from a dispute with Petrobras America Inc. over its early end of a Gulf of Mexico drilling agreement.

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