Petrichor Energy FZCO v Bashar & Anor [2026] EWHC 914 (Comm) (30 March 2026)

Petrichor Energy FZCO v Bashar & Anor [2026] EWHC 914 (Comm) (30 March 2026)

The court found that there is, at the very least, a good arguable case of risk of dissipation of assets by the Respondents, supported by evidence of asset disposals, non-payment of judgment debts, dishonoured cheques, inadequate disclosure, and a direct threat to dissipate assets. The requirements for a post-judgment worldwide freezing order are satisfied, and it is just and convenient to grant the relief sought. Full and frank disclosure has been made. Alternative service by email is appropriate and permitted.

Citation
[2026] EWHC 914 (Comm)
Parties
Claimant/applicant: Petrichor Energy FZCO (formerly known as CE Energy DMCC); Defendant/respondent (cl 2024 000225): Alhaji Abdulrahman Musa Bashar; Defendant/respondent (cl 2024 000426): Ultimate Oil and Gas FZCO (formerly known as Ultimate Oil & Gas DMCC)
Jurisdiction
England and Wales
Judgment Date
30 March 2026
Procedural Posture
Commercial Court Post Judgment Application / Application for Post Judgment Worldwide Freezing Order (without Notice)
Outcome
Worldwide freezing order granted post-judgment against both Respondents; permission for alternative service by email granted.
Legal Topics
Freezing Orders, Enforcement of Judgments, Risk of Dissipation, Asset Disclosure, Alternative Service
Commercial Law Civil Procedure Injunctions Freezing Orders Enforcement of Judgments Risk of Dissipation Asset Disclosure Alternative Service

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Parties

Petrichor Energy FZCO (formerly known as CE Energy DMCC)

Claimant/applicant

Alhaji Abdulrahman Musa Bashar

Defendant/respondent (cl 2024 000225)

Ultimate Oil and Gas FZCO (formerly known as Ultimate Oil & Gas DMCC)

Defendant/respondent (cl 2024 000426)

Procedural Posture

Commercial Court Post Judgment Application / Application for Post Judgment Worldwide Freezing Order (without Notice)

Legal Issues

  1. 1 Whether a post-judgment worldwide freezing order should be granted against the Respondents
  2. 2 Whether there is a real risk of dissipation of assets by the Respondents
  3. 3 Whether it is just and convenient to grant the order

Ratio Decidendi

The court found that there is, at the very least, a good arguable case of risk of dissipation of assets by the Respondents, supported by evidence of asset disposals, non-payment of judgment debts, dishonoured cheques, inadequate disclosure, and a direct threat to dissipate assets. The requirements for a post-judgment worldwide freezing order are satisfied, and it is just and convenient to grant the relief sought. Full and frank disclosure has been made. Alternative service by email is appropriate and permitted.

Court Disposition

Worldwide freezing order granted post-judgment against both Respondents; permission for alternative service by email granted.

Orders

  • Post-judgment worldwide freezing order made against Alhaji Abdulrahman Musa Bashar and Ultimate Oil and Gas FZCO.
  • Permission granted for alternative service of the application and relevant documents by email.