Offshore Manufacturer Wants Out Of Petrobras' $400M Suit

By Michelle Casady (March 19, 2018, 8:23 PM EDT) -- Spanish offshore equipment manufacturer Vicinay Cadenas SA urged a Texas federal court on Monday to dismiss Petrobras America Inc.'s lawsuit seeking $400 million over an allegedly defective chain used to support a floating oil and gas facility, because, despite Petrobras assuring the court its claims didn't rely on a purchase order, it is now arguing otherwise....

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