CIUDAD DEL CARMEN, Mexico (Bloomberg) -- A judge in Mexico ordered state oil company Petroleos Mexicanos not to cancel contracts with Oceanografia SA, the services provider that Citigroup Inc. says defrauded the bank of $400 million. The Aug. 15 decision, released Aug. 18 on a Mexican judiciary agency’s website, requires Pemex to allow the Ciudad del Carmen-based company to continue working on existing projects.
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Oceanografia to keep Pemex contracts in bankruptcy, judge rules
![Oceanografia to keep Pemex contracts in bankruptcy, judge rules]()
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