Court Upholds $1.7bn Arbitral Award in Favour of NPDC on Brass, Forcados Assets

Justice A. Faji of the Lagos Division of the Federal High Court yesterday upheld the decision of an arbitration tribunal, which slammed a whopping $1.7 billion judgment in favour of the Nigerian Petroleum Development Company (NPDC). NPDC is a subsidiary of the Nigerian National Petroleum Corporation (NNPC) The arbitration involved the Atlantic Energy Drilling Concepts... Continue Reading →

Up ↑

%d bloggers like this:
Skip to toolbar