Odebrecht unit signs first post-‘Car Wash’ contract with Brazil’s Petrobras

July 29, 2019

Brazil’s Petrobras has signed a two-year contract to lease a drilling rig from Ocyan, formerly known as Odebrecht Oleo e Gas, an executive told Reuters, in the first deal between the firms since a corruption scandal erupted five years ago.

Petroleo Brasileiro SA, as the state-run oil firm is known, formally selected Ocyan and two other companies in a recent tender for six drilling rigs, Ocyan Chief Executive Roberto Simões said in a Friday interview.

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