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

The Noble Blackford Dolphin owned by Dolphin Drillings is drilling in the Oyo Field Complex on Oil Mining License 120 & 121 forAkintayo Aluko, presiding judge, had on May 8, granted an ex-parte motion filed byrestraining Dolphin Drillings from “removing, demobilizing, or decommissioning the Rig —Noble Blackford Dolphin” from GHL’s field.

However, the judge refused GHL’s prayer seeking an injunction directing the respondents to continue fulfilling contractual obligations.Olasupo Shasore, counsel representing GHL, told the court that although the respondents served a motion to discharge the restraining order, only six out of 12 pages referenced in the motion were sent. He added that he did not receive the remaining copies until Tuesday.

The judge also fixed Wednesday, May 15, to deliberate and decide upon the appointment of a sole arbitrator for the dispute among the parties.Dolphin Drillings secured the formal 12-month contract award with GHL in October 2022 for drilling operations in Nigeria.The offshore drilling contractor disclosed in November 2023 that GHL’s past due payments represented a net $17.3 million, along with a part payment from GHL and a proposed payment plan related to the remaining past due payments.

“At the same time, GHL has provided Dolphin Drilling with comfort letters from reputable global financial institutions,” GHL said in a statement seen by TheCable.“Dolphin Drilling breached the terms of the side letter when its Blow-out Prevention System failed a performance test. Dolphin Drilling then served a defective notice of termination and attempted to demobilise the Blackford Dolphin rig.”

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