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Brazil's Petrobras rebuffed in bid for US review of allegedly bribe-tainted contract

By Richard Vanderford ( February 23, 2021, 00:10 GMT | Insight) -- Petrobras won't get a US Supreme Court review of the validity of a contract with an oil drillship company that was allegedly obtained by bribery, the Supreme Court said today. The Supreme Court said it wouldn't take up Petrobras' request to review its $615 million arbitration loss to Vantage Deepwater. Petrobras, Brazil's state-owned oil company, said Vantage had "indisputably" procured a Petrobras contract through the bribery of officials.Petrobras won't get a US Supreme Court review of the validity of a contract with an oil drilling company that was allegedly obtained by bribery, the Supreme Court said today. ...

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