EIG ENERGY FUND XIV, L.P. et al v. PETROLEO BRASILEIRO S.A

  1. August 11, 2022

    Petrobras Defrauded Drilling Venture Investors, Court Rules

    A D.C. federal court has agreed that Petrobras fraudulently induced several investment funds to finance a company formed for an oil drilling venture that was later revealed to be implicated in a massive bribery scheme, teeing up a trial on the investors' claim for $221 million in damages.

  2. April 03, 2017

    Petrobras Must Face EIG Funds' Fraud Claims, Judge Finds

    A D.C. federal judge has largely refused a bid by Petróleo Brasileiro SA, or Petrobras, to dismiss claims by investment funds managed by EIG Global Energy Partners LLC regarding an alleged bribery scheme for drillship construction contracts.