A Review of the Nigerian Energy Industry

Eni CEO never considered resigning over Malabu Oil deal – Chairperson

19 October 2014, Lagos – The Chief Executive Officer of Italy’s Eni, Claudio Descalzi, has never considered offering his resignation following his involvement in a Nigerian corruption probe being carried out by Milan prosecutors, the chairwoman of the oil major said Wednesday.

Emma Marcegaglia, Eni Chairperson“The idea never existed,” Emma Marcegaglia said in reply to a question if Descalzi had offered his resignation.

According to Reuters, Milan prosecutors have placed Eni, its former Chief Executive, Paolo Scaroni and current CEO, Descalzi under investigation for alleged international corruption surrounding a deal for Nigeria’s OPL 245 offshore oil field concession.

Marcegaglia reiterated the board’s full support of Descalzi. An internal investigation into the deal was already underway, she said.

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