KEYFACT Energy
Dolphin Drilling provides an update on the Arbitration Award obtained against General Hydrocarbons Limited
Further to the announcement made on 23 December 2024, concerning an arbitration award obtained against General Hydrocarbons Limited, Dolphin Drilling confirms that the Federal High Court of Lagos, Nigeria, has today made an order granting Dolphin Drilling leave to enforce the arbitration award. The total sum due under the arbitration award is approximately USD 105m, and Dolphin Drilling shall continue to pursue collection efforts.
KeyFacts Energy Industry Directory: Dolphin Drilling