Petrobras Seeks to Override Halt on Transocean’s Brazil Rigs

Petroleo Brasileiro SA, the world’s biggest oil producer in deep waters, asked Brazilian courts and regulators to override a ruling that would halt rig owner Transocean Ltd.’s operations in the country.

Petrobras filed a “writ of mandamus” to Brazil’s courts and the National Petroleum Agency, or ANP, petitioning to keep Transocean’s rigs operating, the Rio de Janeiro-based company said in a statement today.