Court restrains Dolphin Drilling from breaking off rig deal with Nigerian oil & gas firm

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A federal high court in Lagos has refused to vacate an order which restrained Dolphin Drillings Limited, an offshore drilling rig company...

A federal high court in Lagos has refused to vacate an order which restrained Dolphin Drillings Limited, an offshore drilling rig company, from taking away the Noble Blackford Dolphin rig in Nigeria.

The court also restrained Dolphin Drillings from interfering with GHL’s rights under the contract for the use of the rig and with the respondents’ personnel involved in drilling operations on fields EWO-2 and 0Y0-8 .The court granted leave to GHL to serve the drilling company through Frank Fenton, the Rig manager.

Aluko adjourned the court to May 20 to allow GHL file a response to the motion seeking to discharge the interim order. Due to a failure to meet the next payment date, Dolphin Drillings announced the termination of its contract with GHL.“The terms for payment under the agreement with GHL have not been met, and the company therefore confirms that it has, in accordance with the agreement, today issued a notice of termination to GHL.

 

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