Statoil says will appeal Nigerian court ruling
Norwegian energy producer Statoil said it will appeal a Nigerian court
ruling in its case against a local consultant who says he has not been paid.
The court ruled in favour of former Statoil
consultant John Abebe, who seeks 1.5 percent net profit interest from Statoil’s
stake in the 240,000 barrels per day Agbami field.
“There was a ruling in his favour. We are going to appeal,”
Statoil spokesman Baard Glad Pedersen said.
NEXT reported on Tuesday that Mr Abebe hopes to win between $1 billion and
$2 billion. Statoil would not immediately comment on the potential loss, saying
it believed it had a “strong legal case”.
Mr Abebe, the brother-in-law of former President Olusegun Obasanjo, who served
from 1999 to 2007, helped Statoil secure licenses for Nigerian oilfields
between 1991 and 1999 and was on the board of Statoil’s local unit.
Statoil has said it made “no oral or written agreement” with Mr Abebe
that he should receive the payment and maintains that it has paid him for his
services.
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