Brazil Supreme Court allows Transocean drilling other than Frade field

10/3/2012

Brazil Supreme Court allows Transocean drilling other than Frade field

RIO DE JANEIRO --  Petrobras has announced that the Supreme Court of Justice has partially suspended the injunction that ordered the shutdown of the activities of Transocean Brasil Ltda.

This suspension by the Supreme Court of Justice, which is in response to an action filed by Brazil's National Petroleum Agency (ANP), allows for "Transocean to continue its activities in Brazil, in locations other than Frade field", according to the Petrobras News Agency.

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