TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

$3.8bn Egina Project: Firm begins committal proceedings against promoters

The Citizen by The Citizen
April 5 2016
in Business, Uncategorized
A A
0

Barely one year after Samsung Heavy Industries (SHI) Nigeria Limited, and Lagos Deep Offshore Logistics (LADOL) settled out- of- court, the legal dispute over the $3.8 billion Egina Floating Production Storage Offshore (FPSO) project, a legal firm of Enitan and Associates has stated that it had commenced committal proceedings against some of the promoters of the Egina project, THISDAY has learnt.

Located 130 kilometres offshore in Oil Mining Lease (OML) 130 in deep offshore Nigeria, the Egina field development is a project to build FPSO for Total Upstream Nigeria Limited and the Nigerian National Petroleum Corporation (NNPC).

LADOL had dragged Samsung, Total and the Nigerian Content Development and Monitoring Board (NCDMB) to a Federal High Court over alleged plot to exclude the firm from the execution of the local component of the Egina FPSO vessel.

In the proceedings, which were issued for LADOL by a Senior Advocate of Nigeria (SAN) Professor Fidelis Oditah, LADOL is seeking 19 reliefs and appealed to the court to make a declaration that a contract awarded by Total to Samsung on or about March 15, 2013 for the construction and installation of FPSO at Total’s Egina oilfield is subject to the Nigerian Oil and Gas Industry Content Development Act 2010.

Though LADOL and Samsung have since settled out-of-court, THISDAY gathered that committal proceedings had commenced against Samsung, Total, Deux Nigeria Limited and others for alleged disobedience of court orders.

Citing the orders of the Federal High Court sitting in Lagos in Suit No. FHC/L/CS/1768/2014 in a statement made available to THISDAY, Enitan and Associates urged that “the general public, particularly the financial institutions funding the above-named project are hereby warned that the orders of the Honourable Court are still subsisting and all persons are legally obligated to comply with same.”

“Any person (corporate of individual) that acts contrary to the orders of court will be in contempt and be proceeded against accordingly,” the statement added.

According to the legal practitioners and arbitrators, “the court granted interlocutory injunction against Samsung Heavy Industries Nigeria Limited and Total Upstream Nigeria Limited and others restraining them either by themselves or through their agents, privies, proxies, affiliates or subsidiaries from:

“(i) Continuing or taking any further action or steps towards the execution of the award of the contract for engineering, procurement, construction and commissioning of a FPSO unit in the Egina Field within OML 130 pending the determination of the substantive suit; (ii) giving effect to and implementing the award of the aforesaid Egina FPSO contract either by way of operating/executing same, or dealing in any way whatsoever and howsoever with the aforesaid Egina FPSO contract pending the determination of the substantive suit.” Thisday

Previous Post

Shareholders seek better returns from insurance sector

Next Post

Unity Bank MD bags Top 25 CEOs award

Related Posts

FG to waive airline debts as Tinubu intervenes in aviation fuel crisis
Business

FG to waive airline debts as Tinubu intervenes in aviation fuel crisis

April 22 2026
Sahara Group champions LPG as Africa’s fastest path to energy access, security
Business

Sahara Group champions LPG as Africa’s fastest path to energy access, security

April 21 2026
NCC, CBN sign MoU for consumer safety, inaugurate committees for protection against fraud
Business

NCC, CBN sign MoU for consumer safety, inaugurate committees for protection against fraud

April 21 2026
Shell/NNPC, partners, delivers Landmark Geosciences Centre of Excellence at UNILAG
Business

Shell/NNPC, partners, delivers Landmark Geosciences Centre of Excellence at UNILAG

April 18 2026
African Refiners & Distributors: Forging the way forward to deliver a unique, sustainable African downstream energy Transition and Finance Plan
Business

ARDA 20th Annual Conference: Energy security tops bill as African oil refiners resolve robust defences against int’l market fluctuations

April 18 2026
Sahara Energy has no outstanding facilities with UBA, says Management
Business

Sahara Group urges intra-African investment push through “Deliberate TRIPS” at ARDA 2026

April 14 2026
Next Post

Unity Bank MD bags Top 25 CEOs award

Saraki appeals CCT ruling, seeks to stall trial today

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Service Chiefs: Let the changes count – Punch

Tinubu approves ₦17bn grassroots devt fund for 8,804 wards

by The Editor
April 22 2026
0

...

Police launch manhunt for killers of Imo traditional ruler

Police launch manhunt for killers of Imo traditional ruler

by The Editor
April 11 2026
0

...

Lassa fever deaths rise in Nigeria

Lassa fever deaths rise in Nigeria

by The Editor
April 9 2026
0

...

Oyo govt installs Sen Alli, two Ibadan High Chiefs as monarchs in absentia

Oyo govt installs Sen Alli, two Ibadan High Chiefs as monarchs in absentia

by The Editor
April 3 2026
0

...

APPOINTMENTS

Tinubu appoints NECO, NBTE chairmen, names poly rector, renews library DG tenure

Tinubu appoints NECO, NBTE chairmen, names poly rector, renews library DG tenure

by The Editor
April 22 2026
0

...

416 nurses, midwives get automatic appointments in Yobe

416 nurses, midwives get automatic appointments in Yobe

by The Editor
April 8 2026
0

...

Tinubu renews Bugaje’s appointment as NBTE boss

Tinubu renews Bugaje’s appointment as NBTE boss

by The Editor
April 2 2026
0

...

Kwara governor congratulates new CAF General Secretary

Kwara governor congratulates new CAF General Secretary

by The Editor
April 1 2026
0

...

ODDITIES

Nigeria’s ambassador-designate dies before assumption of office

Nigeria’s ambassador-designate dies before assumption of office

by The Editor
April 22 2026
0

Bwala, Hasan and the art of the political interview

I had throat surgery after Al Jazeera interview – Daniel Bwala

by The Editor
April 11 2026
0

Robbers cut off teacher’s hand in Kano

Robbers cut off teacher’s hand in Kano

by The Editor
April 9 2026
0

GLOBAL NEWS

US senator accuses Nigerian officials of complicity in killings of Christians

US senator accuses Nigerian officials of complicity in killings of Christians

by The Editor
April 22 2026
0

...

Iran warns US military vessels, others to avoid Strait of Hormuz

Iran military command closes Strait of Hormuz again

by The Editor
April 18 2026
0

...

Trump threatens to end Iran ceasefire if no deal by Wednesday

Trump threatens to end Iran ceasefire if no deal by Wednesday

by The Editor
April 18 2026
0

...

Italy suspends defence agreement with Israel as Lebanon attacks stoke tensions

Italy suspends defence agreement with Israel as Lebanon attacks stoke tensions

by The Editor
April 14 2026
0

...

Ghanaians pray daily for Nigeria’s success, says Pres. Mahama

Ghanaians pray daily for Nigeria’s success, says Pres. Mahama

by The Editor
April 14 2026
0

...

State of the States

Ondo commences 2025 OSOPADEC scholarship, bursary for students

Ondo commences 2025 OSOPADEC scholarship, bursary for students

by The Editor
April 21 2026
0

...

Delta govt urges youths to join Army

Delta govt urges youths to join Army

by The Editor
April 11 2026
0

...

21,452 applicants jostle for 1,000 rural teaching Jobs in Nasarawa

21,452 applicants jostle for 1,000 rural teaching Jobs in Nasarawa

by The Editor
April 10 2026
0

...

Police begin statewide offensive after deadly Kebbi attacks

Police begin statewide offensive after deadly Kebbi attacks

by The Editor
April 10 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
APC senate number swells to 91, PDP down to 5 as Ngwu, Yaro defect to ruling party

APC senate number swells to 91, PDP down to 5 as Ngwu, Yaro defect to ruling party

April 22 2026
Reps approve transfer of NSIB from aviation ministry to Presidency

Reps approve transfer of NSIB from aviation ministry to Presidency

April 22 2026
Nigeria’s ambassador-designate dies before assumption of office

Nigeria’s ambassador-designate dies before assumption of office

April 22 2026
Tinubu, Jonathan hold closed-door talks amid regional consultations

Tinubu, Jonathan hold closed-door talks amid regional consultations

April 22 2026

EDITORIAL REVIEW

Curfew in Abuja today for LG council elections

Hidden cost of elections – Punch

by The Editor
April 17 2026
0

Oil prices jump back toward $100 on Mideast ceasefire doubts

As Nigeria moves away from oil dependency – Punch

by The Editor
April 13 2026
0

Easter gets bloodier – Punch

Easter gets bloodier – Punch

by The Editor
April 12 2026
0

Security chiefs’ discordant tunes – Punch

Security chiefs’ discordant tunes – Punch

by The Editor
April 10 2026
0

NASS: Withdraw MDPA amendment bill – Punch

NASS: Withdraw MDPA amendment bill – Punch

by The Editor
April 9 2026
0

Opinion

Even INEC admonishes the media?

Even INEC admonishes the media?

by The Editor
April 12 2026
0

...

Enugu: Gov Mbah presents N521.5bn budget for 2024

Mbah: From contested mandate to constructive governance in Enugu

by The Editor
April 9 2026
0

...

Tinubu finds his own demons

How will Tinubu campaign in Plateau State?

by The Editor
April 9 2026
0

...

Bwala, Hasan and the art of the political interview

Bwala, Hasan and the art of the political interview

by The Editor
April 6 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.