STXNEWS LATAM-Óleo e Gás, OSX agree to stretch out deal on vessel
March 14, 2014 at 17:26 PM EDT
A unit of Óleo e Gás Participações SA, the bankrupt Brazilian oil producer, and two units of shipbuilder and oil services provider OSX Brasil SA agreed to extend the terms of a vessel leasing contract for a week, until March 21, according to a securities filing on Friday. The OSX units are OSX 1 Leasing BV, which owns the vessel, and OSX Serviços Operacionais Ltda, a services company that is also under bankruptcy protection in a Rio de Janeiro court.