July 17, 2026
A Petrobras-managed Dutch consortium is seeking more than $700,000 in fees from a group of Brazilian entities and their counsel at Quinn Emanuel Urquhart & Sullivan LLP following their unsuccessful attempt to vacate a $76.1 million arbitral award issued in a long-running offshore oil dispute.
June 26, 2026
A New York federal judge has enforced a $71 million arbitral award issued to a Petrobras-managed Dutch consortium in a long-running offshore oil dispute, in a case that she said "proves" that parties that eschew litigation in favor of arbitration "are making a huge mistake."
September 10, 2025
Brazilian entities embroiled in a dispute over cost overruns on a project to supply components for offshore oil platforms urged a New York federal court Wednesday to vacate a $70 million arbitral award, which they say has resulted in a "gross windfall" for a Dutch Petrobras unit.