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Neconde Launches Arbitration Against Shell

Nigerian indigenous firm, Neconde, initiated an arbitration case against Shell. According to the company’s CEO, Frank Edozie cited in a Reuters report, Shell continued to lift crude from OML 42 and failed to remit funds after a lease had been sold. “It was producing and lifting crude although the asset had, by deed of transfer, […]

April 12, 2018 Read More