Rab Lanuf refinery: NOC wins new round against Emirati Trasta Energy
Libyan National Oil Company won in a case against Emirati firm Trasta Energy before the Paris Court of Appeals, giving it control over the Ras Lanuf refinery.
When it comes to landing major infrastructure contracts in Libya, Spain's Arena Newman can rely on the networks of Ali Mohamed Saudi, the head of its local subsidiary and son of the star banker of the Gaddafi era, Abdullah Ammar al-Saudi.
The US defence giant, which cut short a major contract to supply equipment to an armoured brigade headed by Muammar Gaddafi's son, Khamis, in 2011, is looking to recover its contractual guarantees. It has just won a new round in its battle with the Libyan state before the British Supreme Court.
Just as the Fayez Sarraj-led government in Tripoli is making a major effort to regain control of efforts to defend Libya's foreign financial interests (MC 1277), legal action was started against JPMorgan in London on April 6 without the approval [.
Libyan prime minister Fayez Sarraj is not only grappling with an explosive political situation, he is also under pressure on the international legal front. Compensation claims resulting from the interruption of major construction projects begun during the Gaddafi era could [.