June 23, 2017 / 9:39 PM / a month ago

Petrobras resumes talks with Sete Brasil over vessel contracts

1 Min Read

A worker paints a tank of Brazil's state-run Petrobras oil company in Brasilia, Brazil September 30, 2015.Ueslei Marcelino/File Photo

SAO PAULO (Reuters) - Brazil's state-controlled oil company Petrobras (PETR4.SA) said on Friday it has resumed negotiations with Sete Brasil Participações SA over vessel contracts.

Sete Brasil, which holds contracts to supply oil rigs to Petrobras, has filed for bankruptcy protection in a Rio de Janeiro court this year, after failing to pay some overdue debt.

Reporting by Marcelo Teixeira; Editing by David Gregorio

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