Green Energy International Limited (“Green Energy”) and Lekoil Oil and Gas Investments Limited (“LOGIL”) have approached the Federal High Court seeking to strike out Suit No. FHC/L/CP/237/2026 and set aside the ex parte interim orders granted in the matter.
The companies filed a Notice of Preliminary Objection challenging the jurisdiction of the Court and urging it to dismiss or, in the alternative, stay the proceedings. They also brought a Motion on Notice seeking to vacate and discharge the interim administration orders issued on February 13, 2026.
The dispute stems from a contractual claim under a Turnkey Drilling Agreement dated September 1, 2024. The agreement contains a binding arbitration clause. According to Green Energy and LOGIL, arbitration proceedings had already commenced before the Lagos Chamber of Commerce International Arbitration Centre, with pleadings filed before the initiation of the fresh action at the Federal High Court on the same contract. The companies contend that the issues raised in the suit are properly before the arbitral tribunal. They maintain that the sums cited in certain reports remain disputed and subject to audit.
They further argue that the ex parte orders were obtained despite the pendency of arbitration proceedings, where there was also a pending motion for injunctive relief.
Green Energy and LOGIL described the filing of Suit No. FHC/L/CP/237/2026, alongside what they term the suppression of prior engagements — including ongoing dispute resolution proceedings — relating to obligations under the same turnkey contract, as an abuse of judicial process. They said they would pursue all appropriate legal remedies to uphold the agreed dispute resolution framework and protect their operations.
Meanwhile, operations at the Otakikpo Marginal Field remain fully operational and in compliance with all regulatory and contractual obligations, the company, noting that there has been no disruption to production or export activities