Friday 6 February 2015

COURT ORDERS SHELL, TOTAL, AGIP TO PRESERVE INTERESTS IN OML 25

A Federal High Court in Lagos has directed Shell Petroleum Development Company of Nigeria Ltd and two other oil companies to preserve their 45 per cent participating interests in Oil Mining Lease, OML 25.

Other oil companies affected by the order are Total E & P Nigeria Limited and Nigeria Agip Oil Company Limited. Justice Mohammed Idris made the order after hearing arguments presented by counsel to Crestar Integrated Natural Resources Limited, Mr. Tayo Oyetibo, SAN.

Read mnore @ National Mirror

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