Petrobras terminates Ensco contract
Brazil In 2008, the national oil company chartered a drillship from US drilling company Pride International, which was purchased by Ensco in 2011.
In a Monday statement, Petrobras claimed that Pride knew about “improper payments” made to a consultant. This money was then shared with Petrobras employees. However, Ensco has refuted these charges, claiming there was no evidence of wrongdoing.
According to Ensco, this move will not affect ongoing rig work with Petrobras under different contracts.
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