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Transocean - Tete-A-Tete With Petrobras Will Not End Well
2015-10-04 23:29:07| Oil & Gas - Topix.net
With its $134B debt load at junk levels, Petrobras is looking for any excuse to cut supplier contracts and lower day rates. Petrobras is embroiled in a corruption scandal -- "Operation Car Wash" -- where executives were accused of providing suppliers with inflated contracts in exchange for kickbacks.
Tags: well
end
petrobras
transocean
Category:Energy and Environment
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