Nigeria : Statoil Faces Legal Action for Breach of Contract (AllAfrica.com)

Lagos — A Nigerian company, Inducon Nigeria Limited, is threatening to drag Norway's Statoil to court for the latter's refusal to honour its obligations under a tacit agreement reached between both parties in the 1990s for the role Inducon played in assisting Statoil gain a foothold in the Nigerian oil industry.
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Added February 22, 2010
from Yahoo Nigerian News