Petrobras has announced a favorable decision from the Superior Court of Justice in its legal dispute with Paragon Offshore Nederland B.V., a former supplier of oil and gas exploration rigs. The court upheld Petrobras' appeal and overturned the previous ruling, ordering a new trial at the Rio de Janeiro Court of Justice. The lawsuit is valued at approximately R$ 2.9 billion, with R$ 154 million already provisioned by Petrobras. The company has stated that any further material developments in the case will be disclosed to the market in a timely manner.
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