Vantage seeks arbitration on Petrobras contract cancellation

Offshore staff

HOUSTON Petrobras America Inc. and Petrobras Venezuela Investments & Services have notified Vantage Drilling Co. that the companies are terminating an agreement for use of the Titanium Explorer drillship.

The notice claims Vantage has breached the contract, but Vantage disagrees with the claim and has filed for arbitration.

09/04/2015

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