Osx Brasil S.A. Reports Earnings Results for the Full Year Ended December 31, 2020

OSX Brasil SA, formerly EBX Brasil SA, is a Brazil-based holding company involved in the oil and gas sector. The Company provides equipment and services to the offshore oil and gas industries. The Company operates in three sectors: Naval Construction, Chartering of Exploration and Production (E&P) Units, and Services of Operation and Maintenance (O&M). In the Naval Construction sector, the Company is involved in the construction, assembly and integration of E&P units, such as fixed and floating production platforms and drilling rigs. The Company's Chartering sector focuses on the charter of E&P units to companies in the oil and gas sector. In the Services of O&M sector, the Company offers services and solutions for its customers in the oil and gas industry. In November, 2013, the Court of Capital of Rio de Janeiro State approved bankruptcy proceedings of the Company and its subsidiaries, OSX Construcao Naval SA and OSX Servicos Operacionais Ltda.