The EPC major said that the business has received India’s first contract for decommissioning of offshore facilities from British Gas Exploration and Production India, part of Shell Plc group of companies.
High Court judge Ross Cranston on June 9, 2022 ruled that the government should have brought its objections over the arbitration tribunal not meeting the required thresholds, when issuing the 2021 award earlier, two sources with knowledge of the matter said.
Get latest articles and stories on Business at LatestLY. The Ministry of Petroleum & Natural Gas on Monday said the Government of India is considering to appeal against the English court order and pursue the execution of $3.85 billion award in a dispute between Reliance Industries Limited and Enron, now BGEPIL (BG Exploration and Production India Limited). Business News | RIL-BGEPIL Dispute: Indian Govt Mulls Appeal Against English Court Order.