Green Energy, Lekoil Clarify Court Dispute with Service Provider, Affirm Ongoing Operations

Green Energy International Limited (Green Energy) and Lekoil Nigeria Limited (Lekoil Nigeria) have addressed recent media reports on a commercial dispute with a service provider, confirming the matter is under arbitration and Federal High Court proceedings, with no impact on their operations.

In a joint statement, the companies explained that the issue stems from a contractual claim currently before an arbitral tribunal, as per their agreement.

The joint statement from the two oil and gas firms highlights a contractual claim lodged by the service provider, identified as H-PTP.
They said that central to the disagreement are unliquidated sums—amounts not yet finalised—which remain subject to rigorous review and audit as stipulated in the parties’ contractual terms. This positions the core issue squarely before an arbitral tribunal, the primary forum designated for resolution.
Anticipating potential interference, Green Energy and Lekoil Nigeria proactively initiated legal action on February 6, 2026, filing Suit No. FHC/L/CS/225/26 at the Federal High Court in Lagos. The suit includes an application for an anti-suit injunction, aimed at preventing parallel court proceedings that could undermine the arbitration agreement.
These documents, they said, were served on H-PTP prior to the interim application referenced in recent reports, underscoring the companies’ strategic positioning.
With the dispute now active across both arbitral and judicial fronts, the firms have refrained from additional commentary, citing the sensitivity of ongoing processes.
“As the matter is under active judicial and arbitral consideration, it would be inappropriate to comment further at this stage,” the statement reads.
Operations across their assets continue seamlessly, with full adherence to regulatory requirements from bodies like the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and contractual obligations.
This assurance is particularly vital in Nigeria’s oil and gas industry, where production stability amid legal challenges can influence investor confidence and energy supply chains.Green Energy and Lekoil Nigeria, both active players in upstream exploration and production, pledged to “vigorously pursue their rights through the appropriate legal and arbitral processes.”
They also reserved all rights against “any inaccurate or defamatory statements published in connection with this matter,” signaling potential follow-up actions on media coverage.
Both firms said that further updates will be provided as developments warrant, amid a sector grappling with contract enforcement, service provider dynamics, and arbitration’s role in resolving commercial tensions.
This case highlights broader trends in Nigeria’s energy landscape, where arbitration clauses in joint operating agreements and service contracts increasingly intersect with court oversight, especially post-Petroleum Industry Act reforms.