Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Nigeria withdraws $1.1bn claim against Eni over OPL 245

    Nigeria withdraws $1.1bn claim against Eni over OPL 245

    November 19, 2023
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Malabu OPL 245.

    Bengaluru — Nigeria is withdrawing civil claims totalling $1.1 billion against Italian energy group Eni (ENI.MI) and related to allegations of corruption in a oilfield deal, Bloomberg News reported on Thursday.

    The West African country’s justice ministry will waive the claims before Italy’s highest court “unconditionally” and “with immediate effect” no later than Nov. 17, the report said citing a letter regarding the OPL 245 field and seen by the newswire.

    Responding to a request for comment, an Eni spokesperson confirmed that the group had received the letter regarding OPL 245, and said it was pleased about the Nigerian government’s decision.

    The energy group added it was ready to consider – together with the government of Nigeria – the necessary steps for achieving the conversion of the licence from prospecting into mining, to ensure development perspectives for the field.

    In 2021 a Milan court acquitted Eni, its chief executive and Shell (SHEL.L) over an corruption case revolving around the acquisition of the Nigerian oilfield.

    *Jyoti Narayan & Francesca Landini; editing: Andrew Heavens & David Evans – Reuters

    Related News

    TotalEnergies, QatarEnergy granted new exploration license for Algeria

    OPEC Fund commits $1bn in new financing for developing nations

    ‘Nigeria to export first gasoline cargo to Asia from Dangote Refinery’

    E-book
    Resilience Exhibition

    Latest News

    TotalEnergies, QatarEnergy granted new exploration license for Algeria

    June 18, 2025

    OPEC Fund commits $1bn in new financing for developing nations

    June 18, 2025

    ‘Nigeria to export first gasoline cargo to Asia from Dangote Refinery’

    June 18, 2025

    Africa’s nuclear renaissance: World Bank greenlight ignites a new era

    June 18, 2025

    AfDB project restores electricity in Zimbabwean communities

    June 18, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.