The high incidences of litigation is putting many international oil companies under pressure to leave their onshore operations in Nigeria.
He recalled that on the assumption of office, he realised that the industry had the penchant of suing the oil firms in court.He said this has made a workshop on the activities of the oil and gas industry apt, especially as the implementation of the Petroleum Industry Act would provoke more court cases.The theme of the workshop was “Petroleum Industry Act New Legal and Fiscal Regime in the Nigerian Oil and Gas Industry.
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