sete in A Sentence

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    Sete de Setembro.

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    Sete Brasil was created in 2010 to manage the construction of 28 drilling units in Brazilian shipyards to fulfill Petrobras contracts to drill its pre-salt plays, at a time when Petrobras unrealistically planned to be the sole pre-salt operator.

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    As Sete Brasil delayed the delivery of the equipment and with the fall in oil prices in the international market, Petrobras tried to renegotiate the charter contracts, a move which was rejected by Sete Brasil, generating a deadlock between the companies.

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    Rossi's closest rival in the 2003 and 2004 seasons was Sete Gibernau, riding with Team Gresini's Movistar Honda team on a satellite RC211V in 2004 and then on an all but in name factory RC211V, which Gibernau helped to develop, in 2005.

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    The Sete Brasil recovery plan was approved at the beginning of November 2017 and included the amount to be paid for the four drillers, which was around US$1.25 billion, and if the proposals did not reach this minimum value, the transaction could only be realized if approved by the creditors.

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