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| Name | Symbol | Market | Type |
|---|---|---|---|
| Petroleo Brasileiro ADR | NYSE:PBR | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.46 | -2.65% | 16.88 | 15,123 | 12:20:04 |
From May 2019 to May 2024
By Dominic Chopping
Norwegian support-vessel operator Siem Offshore Inc. (SIOFF.OS) said Friday it has agreed with Petrobras to terminate some vessel contracts early, without penalties to either of the parties.
The deal relates to the vessels Capela, Propria and Siem Carajas and is effective from 30 September 2015.
The company said this is in line its business strategy to focus on a modern, environmentally friendly and technically advanced fleet and also to improve company results by excluding unprofitable long term contracts.
-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
October 02, 2015 02:38 ET (06:38 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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