SC orders Chevron to maintain status quo with regard to disputed oil blocks
Britannia-U was appealing against a Court of Appeal order dismissing the interlocutory injunction, which Britannia-U Nigeria had obtained against Chevron in a federal high court, ordering Chevron not to deal with the assets pending the determination of the substantive case. The injunction has now been reinstated.
Britannia-U recently won a disclosure order in the US court against Chevron under which Chevron has to disclose all documents and communications relating to the bid. Chevron has already signed SPAs with a Seplat consortium, consisting primarily of Seplat as the buyer of OML 53, Amni International of OML 52 and Belema Oil of OML 55.
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