Court stops AGF, Samsung, Total, others from implementing Egina FPSO contract


A Federal High Court sitting in Lagos, Southwest Nigeria has restrained the Attorney General of the Federation, National Petroleum Investment Management Services, Nigeria Content Development Monitoring Board, and two limited liability companies Samsung Heavy Industries Nigeria Limited and Total Upstream Nigeria Ltd, and their agents from taking any action towards the execution of the award of the contract relating to the Floating Production Storage and Offloading Unit (FPSO) in the Egina Field within OML130 pending the determination of the substantive suit.‬

The court also restrained the defendants and their agents from giving effect or implementing the award of the aforesaid Egina …Read More

Source:: PM Newspaper