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Statoil (Nigeria) Limited et al v. Nigerian National Petroleum Corporation
Case Number:
1:18-cv-02392
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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August 22, 2022
Big Oil Cos. Ink Deals With Nigeria Over Nixed Awards
Six weeks after the Second Circuit declined to enforce an annulled $2.7 billion arbitral award against Nigerian National Petroleum Corp., several Big Oil companies said they've inked deals with the state-owned company to resolve that and a similar dispute that led to a since-nixed $1.14 billion arbitral award.
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January 31, 2022
Judge Exits $1B Nigeria Award Case Over Chevron Stock
A New York federal judge who for almost four years presided over a lawsuit seeking to enforce a $1.1 billion arbitral award against Nigeria's state-owned oil company has recused himself after discovering he owned stock in Chevron Corp., the parent company of one of the awardees.
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March 18, 2020
Nigerian Oil Co. Pushes To Nix $1.1B Arbitration Fight
Nigeria's state-owned oil company has restated its bid for a New York federal court to drop litigation to enforce a nixed $1.1 billion arbitral award stemming from an offshore oilfield dispute, saying its alleged U.S. ties don't change the fact that the case belongs in Nigeria.
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March 11, 2020
Gas Cos. Say $1.1B Nigeria Award Can Be OK'd
Two gas companies urged a New York federal court on Tuesday to confirm a nixed $1.1 billion arbitral award against Nigeria's state petroleum company stemming from an offshore oil field dispute, arguing that the country's own expert has admitted the Nigerian courts bend to the will of politicians.
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February 20, 2020
Nigeria Says $1B Award Over Oilfield Can't Be Enforced In NY
Nigeria's state-owned oil company is calling for the dismissal of litigation to enforce a nixed $1.1 billion arbitral award stemming from an offshore oilfield dispute, arguing the suit improperly invites a New York federal court to sit as a "de facto" appeals court for Nigeria's judiciary.
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July 02, 2019
Statoil, Texaco Units Want Brakes Kept On $1B Award Action
A Statoil unit and a Texaco subsidiary have asked a New York federal court to keep on ice their litigation seeking to enforce roughly $1 billion in arbitral awards against Nigeria’s state-owned oil company, pointing to related litigation in the West African country.
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March 19, 2018
Energy Cos. Seek OK Of $1B Award Against Nigeria's Oil Co.
A Statoil unit and a Texaco unit urged a New York federal court on Friday to enforce a more than $1 billion award against Nigeria's state-owned oil company, saying a Nigerian court decision finding that the dispute was related to taxes, and therefore cannot be arbitrated, violates U.S. public policy.