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Interocean Oil: FG secures victory at US tribunal, relieved of $1.5bn liability

…awarded $660K arbitration cost By Ikechukwu Nnochiri – Abuja The International Centre for Settlement of  Investment Dispute, ICSID, based in the United States of America, has ordered Interocean Oil Development Company and Interocean Oil Exploration Company, to pay a cost of $660,129.87 to the Federal Republic of Nigeria. The Attorney-General of the Federation and Minister
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