Exxon and Shell can enforce parts of Nigerian oilfield award

Exxon and Shell can enforce parts of Nigerian oilfield award

Exxon and Shell can enforce parts of Nigerian oilfield award

A US appeals court has found partly in favour of ExxonMobil and Shell in a long-running fight with Nigeria’s national oil company over a US$2.7 billion award rendered a decade ago – as a separate dispute erupts over the proposed US$1.3 billion sale of one of the west African state’s largest oil producers.

For more information, please see https://globalarbitrationreview.com/article/exxon-and-shell-can-enforce-parts-of-nigerian-oilfield-award

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