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Nigerian Oil Co. Says $2.67B Award Can't Be Enforced

By Caroline Simson (December 12, 2018, 7:01 PM EST) -- Nigeria's state-owned oil company urged a New York federal court on Tuesday to toss a bid filed by units of ExxonMobil Corp. and Royal Dutch Shell PLC to confirm a $2.67 billion arbitral award they won following a dispute over a deepwater drilling deal, arguing that the award was set aside in Nigeria and is unenforceable....

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