( March 10, 2025, 19:17 GMT | Official Statement) -- MLex Summary: The board of Petrobras, Brazil's state-run energy firm, has approved a settlement with EIG over a lawsuit concerning the US firm's investment in a shareholder of a drillship company, Sete Brazil, that was allegedly used in a bribery scheme. Under the terms of the settlement, Petrobras will pay $278 million and EIG will drop its lawsuit.Statement follows below:...
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