Govt loses UK battle against $111m award to RIL-BG in oilfield dispute
Govt loses UK battle against $111m award to RIL-BG in oilfield dispute
https://ift.tt/9ZLnj62 An English commercial court has dismissed the government’s appeal against a $111 million international arbitration award in favour of Reliance Industries Ltd and BG (formerly British Gas, a now Shell subsidiary) in an 11-year-old dispute over recovery of costs for operating the Panna-Mukta and Tapti fields off the Mumbai coast.
https://ift.tt/a0MlK14 from Times of India https://ift.tt/9ZLnj62
via Blogger https://ift.tt/1bClGrO
June 13, 2022 at 12:31AM
https://ift.tt/9ZLnj62 An English commercial court has dismissed the government’s appeal against a $111 million international arbitration award in favour of Reliance Industries Ltd and BG (formerly British Gas, a now Shell subsidiary) in an 11-year-old dispute over recovery of costs for operating the Panna-Mukta and Tapti fields off the Mumbai coast.
https://ift.tt/a0MlK14 from Times of India https://ift.tt/9ZLnj62
via Blogger https://ift.tt/1bClGrO
June 13, 2022 at 12:31AM
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