Wednesday, February 19, 2025
Wednesday, February 19, 2025

Court Bars FG from Auctioning 7 Marginal Fields

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Court Bars FG from Auctioning 7 Marginal Fields

A Federal High Court, Lagos, has restrained the Minister of Petroleum Resources, Attorney-General of the Federation (AGF); Minister of Justice and the Director, Department of Petroleum Resources (DPR) from selling, auctioning or accepting bids on some marginal fields belonging to some oil and gas operators.

Justice Chukwujekwu Aneke who presided over the court, said the restraining order will subsist pending the hearing and determination of the substantive suit filed by the Marginal Field Operators (MFO) and the Petroleum Minister and others.

The marginal field operators whobinclude Associated Oil & Gas Limited, Dansaki Petroleum Limited operator of Tom Shot Bank Marginal Field, Bayelsa Oil Limited operator of Atala Marginal Field,  Independent Energy Limited, operator of Ofa Marginal Field, Del-Sigma Petroleum Nigeria Limited, operator of Ke Marginal Field; Sogenal Energy Limited, operator of Akepo Marginal Field; Sahara Energy Limited, African Oil & Gas Limited, operator of Tsekelewu Marginal Field;  Bicta Energy and Management Systems Limited, operator of Ogedeh Marginal Field; Goland Petroleum Limited operator of Oriri Marginal Field.

The marginal field operators commenced the suit hrough their lawyers, Tayo Oyetibo (SAN), Anthony George-Okolie (SAN), Uche Nwokedi SAN, Pascal Ememonu and Joshua Ayanda, by way of originating summons, motion ex parte, motion on notice and affidavit of urgency, all dated  May 20, 2020 but filed on  May 21, 2020.

Respondents in the suit are:Minister of Petroleum Resources, the AGF and the Director of Department of Petroleum Resources (DPR), who challenged the purported revocation of the awards of marginal fields by the federal government sequel to a letter of revocation dated April 6, 2020.

They alleged that they have invested hundreds of millions of dollars in the production and development of the affected marginal fields.

The lawyers also stated that the purported revocation of their awards of marginal fields by the government violated their constitutional rights to fair hearing, their rights under the Petroleum Act and under the guidelines governing marginal fields in Nigeria.

They urged the court to halt the attempt by the federal government to include the affected marginal fields in the next bidding rounds for award of marginal fields as it recently announced pending the determination of the substantive suit.

Among the orders sought by the plaintiffs include “an order of interlocutory injunction restraining the respondents, jointly or severally, whether by themselves, their officers, servants, staff, agents, assigns, privies, associates, allies, representatives, successors-in-title or any person whomsoever from taking any further step or action pursuant to the respondents’ letter dated  April 6, 2020 to award, transfer, alienate, assign, sell or howsoever called, to any other person the marginal field(s) which were awarded to the applicants, in whole or any part thereof, pending the hearing and determination of the substantive suit.

“An order of interlocutory injunction mandating  the respondents, jointly or severally, whether by themselves, their officers, servants, staff, agents, assigns, privies, associates, allies, representatives, successors-in-title or any person whomsoever to allow the applicants to continue to manage, operate, control, explore, work, produce, win or howsoever called, the marginal fields which were awarded to the applicants respectively, in whole or any part thereof, pending the hearing and determination of the substantive suit”.

After listening the plaintiffs’ counsel, Justice Aneke noted that the respondents did not file any process in opposition and were also not represented by any counsel in court, though, they were also served with hearing notice of the matter.

The court has adjourned the matter till  June  29, 2020 for hearing of the substantive suit.

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