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U.S company pays $219M to end dispute in Brazil

Feb 13, 2013, 11:05 AM EST
An employee fills up a car at a Petrobras station in Rio de Janeiro, Brazil, on August 7, 2024
AFP/Getty Images

A seven-year dispute between U.S. engineering company KBR Inc. and a Brazilian client over an oil project involving failed bolts on subsea flowlines off the coast of the country settled last month with a $219 million payment by Halliburton Co, KBR's former parent.

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