Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Shell sued for over $2 billion in oil well ownership dispute

October 11, 2021 Reprints

Nigerian energy company Aiteo Eastern Exploration and Production Co. Ltd. has sued Shell Petroleum Development Company of Nigeria for more than $2 billion over misrepresentation of the ownership of oil wells that were sold by Shell to Aiteo, Energy Voice reported. Aiteo accuses Shell of mis-selling an oil mining license in 2015 that included six wells which Shell had already transferred to the state-owned energy company Nigerian National Petroleum Corp. in 2009 for a considerable value.

Help

Shell sued for over $2 billion in oil well ownership dispute

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources