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Court dismisses Chinese oil company’s bid to void $100 million judgement over OPL 471 dispute

Court dismisses Chinese oil company’s bid to void $100 million judgement over OPL 471 dispute

A Federal High Court in Port Harcourt, Rivers State, has dismissed an application byChina National Petroleum Corporationseeking to set aside a $100 million judgement awarded toCutra International Limitedover the disputed ownership ofOil Prospecting Licence (OPL) 471. OPL 471 is located in the shallo...

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Verified on May 08, 2026

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