Thirty-two companies are currently banned from doing work for Brazil’s state-run oil company Petroleo Brasileiro SA because of an ongoing corruption investigation, the oil firm’s head of governance João Elek said on Wednesday.
He said Queiroz Galvão Óleo e Gás is now allowed to work with Petrobras, as the oil company is more commonly known, after it signed a leniency agreement. Petrobras needs other companies to be able to return as well, Elek added.
