EGINA FPSO CONTRACT: COURT TO HEAR CONTEMPT PROCEEDING MARCH 27

A Federal High Court sitting in Lagos has fixed March 27, 2015 to hear the contempt proceedings initiated against Samsung Heavy Industry Nigeria Limited and Total Upstream Nigeria Ltd, over their alleged disobedience of an order of the court that parties in the controversial floating production storage and offloading unit in Egina Field within OML 130 contract should maintain the status-quo.

 Defendants in the suit are the Attorney General of the Federation; National Petroleum Investment Management Services (NPIMS), Nigerian Content Development Monitoring Board (NCDMB) Samsung Heavy Industry and Total Upstream.

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