April 17, 2017
A New York federal judge granted a stay Monday to Shell Nigeria Exploration and Production Co. and other entities seeking to confirm a $1.4 billion arbitral award against state-owned Nigerian National Petroleum Corp. until related litigation in Nigeria concludes.
March 06, 2017
Shell Nigeria Exploration and Production Co. Ltd. asked a New York federal court Friday to pause proceedings to confirm an almost $1.42 billion arbitral award against state-owned Nigerian National Petroleum Corp., pending a Nigerian court's ruling in a related dispute over oil allocation and tax documents under a production sharing contract.
May 26, 2016
Shell Nigeria Exploration and Production Co. Ltd. asked a New York federal court Thursday to cement an almost $1.42 billion arbitral award against state-owned Nigerian National Petroleum Corp. that was handed down after disagreements arose about how to properly allocate oil and file tax documents under a production sharing contract.