Former Petrobras subsidiary wins claim over Ecuadorean oil projects

27 February 2018

Oil wells in the Amazon (Credit: istock.com/Atelopus)

A former subsidiary of Brazilian state oil company Petrobras and its partners have won US$515 million in a UNCITRAL claim against Ecuador over its nationalisation of two Amazon oil projects.

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Former Petrobras subsidiary wins claim over Ecuadorean oil projects

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