20 February 2013 21:57 [Source: ICIS news]
HOUSTON (ICIS)--A Brazilian federal judge on Wednesday dropped criminal charges against ?xml:namespace>
A Brazilian federal prosecutor had filed criminal charges and two civil lawsuits totalling $22bn (€17bn) against the defendants over alleged lack of planning and environmental management.
The spill and seepage was estimated at more than 3,000 bbl.
“Chevron Brasil Upstream Frade is pleased by the court's decision,” said James Craig, Chevron’s media advisor for Africa and
Transocean was equally pleased with the judge’s decision.
"We welcome this news that the court recognised with respect to the Frade event of November 2011 that Transocean crews did exactly what they were trained to do, acting responsibly, appropriately and quickly while always maintaining safety as their top priority," Transocean spokesman Guy Cantwell said.
Chevron is awaiting approval from Brazilian regulator ANP to restart operations at the Frade field, the company said on Wednesday.
In December, a Brazilian court dismissed an injunction against Chevron that barred the company and Transocean from operating in the country. The injunction had been issued in response to the November 2011 spill.
Reports surfaced in December that Brazilian authorities and Chevron were discussing settling the civil suits for about $144m, but no further developments have been announced.
($1 = €0.75)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections