An English court threw out a $1.1 billion case Nigeria had brought against Royal Dutch Shell and Eni related to a dispute over the OPL 245 oilfield, a court document showed on Friday, while a related trial in Italy continues.
) related to a dispute over the OPL 245 oilfield, a court document showed on Friday, while a related trial in Italy continues.
The Nigerian government filed the case in 2018 at a commercial court in London alleging payments made by the companies to get the oilfield licence in 2011 were used for kickbacks and bribes. Eni said it was pleased the London court had rejected its jurisdiction in the matter, noting the U.S. Department of Justice and the U.S. SEC had both closed investigations of Eni on OPL 245 matters without taking any action.“We maintain that the 2011 settlement... related to OPL 245 was a fully legal transaction with Eni and the Federal Government of Nigeria ,” she said.“Nigeria continues to support the criminal proceedings underway in Milan ...
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