A foreign company is seeking government assistance to enforce a $7 million arbitration award against a Pakistani energy company – Trendy Blogger
Frontier Holdings Ltd (FHL), a foreign oil and gas exploration company, has written to the Petroleum Department requesting intervention to implement an international court ruling against Petroleum Exploration (Pvt) Ltd (PEL), a local energy company. According to a news report, the letter, sent to the Petroleum Division’s Director General of Petroleum Concessions, highlights FHL’s victory … Read more