Sunday, 22 October 2017

African Petroleum seeks arbitration over Gambia oil dispute

African Petroleum seeks arbitration over Gambia oil dispute

22 October 2017, Banjul — African Petroleum Corp has begun arbitration proceedings over Gambia’s decision to strip the company of its rights to explore for oil in two offshore areas. The Norwegian-listed company said in a statement on Wednesday that two wholly-owned subsidiaries had requested arbitration with the United States-based International Centre for the Settlement …

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