Samsung Heavy Industries "USD 250 Million Petrobras Lawsuit Dismissed"
[Asia Economy Reporter Park So-yeon] Samsung Heavy Industries announced on the 22nd that the United States Texas Federal District Court dismissed the damage compensation lawsuit filed by Petrobras America. Petrobras had filed a civil damage compensation claim of $250 million last March related to the drillship delivered by Samsung Heavy Industries. A Samsung Heavy Industries official stated, "We have actively responded, judging that Petrobras' claims were unfounded and the lawsuit requirements were insufficient," adding, "The court accepted Samsung Heavy Industries' application and made a dismissal decision."
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