Jurong Shipyard (JSPL), a wholly-owned subsidiary of Seatrium, a Singapore-headquartered provider of offshore, marine, and energy solutions, has initiated arbitration proceedings against Petrobras Netherlands (PNBV), a subsidiary of Brazil’s energy giant Petrobras.

PNBV JSPL Jurong Shipyard Brazil Roncador Petrobras Netherlands Geraldo Falc Equinor Seatrium Offshore Energy Afterward Accounts Tribunal Contas UNCITRAL Rules