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Tag: ENI

Italian court to prosecute Shell, Eni over Malabu deal

December 20, 2017Ayo Olowo

An Italian court has approved the prosecution of Royal Dutch Shell and Eni in the controversial sale of OPL 245 oil block located in an extremely rich oilfield in the Niger Delta, estimated to worth half a trillion dollars. The sale of the block has been replete with allegations of graft amid lawsuits. A judge in Milan […]

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Malabu Scandal: Court orders return of OPL 245 to Shell, ENI

March 17, 2017Ayo Olowo

A Federal High Court sitting in Abuja, has reversed its previous ruling which retrieved the control of one of Nigeria’s richest oil blocks, OPL 245, from Shell and ENI. The court had on January 26, issued an order, based on a motion by the Economic and Financial Crimes Commission, retrieving the ownership of the oil […]

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