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SBM scandal could hit Petrobras for $15bn

Petrobras would face a $15 billion hit to profits through 2018 if it had to suspend all contracts and production with Dutch floater specialist SBM Offshore, a worst-case scenario of potential fallout in a scandal over corruption charges.

SBM Offshore: Suspension of projects would hit Petrobras profits for $15 billion
SBM Offshore: Suspension of projects would hit Petrobras profits for $15 billion
Published 7 July 2014, 16:35Updated 11 October 2016, 15:50