Drumcliffe’s involvement in the OPL 245 case
A new side to the OPL 245 case has emerged in the state of Delaware, which has the most lenient corporate laws in the United States.
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Eni and its managers definitively acquitted. An “unmotived and disconcerting case” comes to an end.
On 23 May 2025, the Court of Appeal of Abuja, Nigeria, unanimously ruled in favour of Eni, as well as other respondents, and dismissed Malabu Oil & Gas Ltd’s claim over Oil Prospecting License (OPL) 245, setting aside the 2020 decision of the Abuja Federal High Court which had refused to strike out Malabu Oil & Gas Ltd’s suit.
The Court of Appeal of Abuja has now upheld Eni’s preliminary objections and held that the case was statute-barred and constituted and abuse of court process.
Eni acts in these proceedings through its Nigerian Subsidiary “Nigerian Agip Exploration Limited”.
Oil Prospecting Licence (OPL) 245 covers a defined deep-water offshore area (over 1,000 m bsl), approximately 150 km off the Niger Delta.
OPL 245 does not grant the right to exploit any acreage, but provides an opportunity to explore the area. This activity required significant investments – amounting to several hundred million euros – and will require further investments worth billions over a number of years to come before having any chance to proceed with full-scale oil production activities. To date, not a single oil barrel has been drilled.
The acquisition of OPL 245 Block by Shell and Eni has been the subject of incorrect and speculative interpretations since 2011. In particular, there are at least seven incorrect aspects dealt with both by NGOs – which filed petitions with the Court and the Supervisory Authorities, and by certain news media. These interpretations are intended to contest Eni’s probity and transparency.
Here below, we will demonstrate, through objective and documentary evidence, that Eni acted in full compliance with the law and the company procedures.
From a judicial point of view, we must immediately highlight how the rightness of Eni’s behaviour has been confirmed by the Court of Milan, which on 17 March 2021 acquitted Eni, its chief executive Claudio Descalzi and the management team involved in procedures relating to the OPL 245 affair on every count, stating that was unfounded. At this link you can read the legal grounds behind the decision.
On 19 July 2022, before the second division of the Milan Appeal Court, the Assistant Attorney General – Celestina Gravina – waived the appeal against the Court’s decision, thus concluding the criminal legal proceedings relating to OPL 245.
The Assistant Attorney General’s decision to waive the possibility to appeal means that the not guilty verdicts for Eni and its managers already given in March 2021 have become definitive judgements under the Italian legal system.
Lastly, on 11 November 2022, the Court of Appeal of Milan has rejected the action requested by Nigeria’s plaintiff, who aimed at obtaining compensation within the OPL 245 proceedings, thus confirming the first-instance ruling and condemning Nigeria to bear all court fees.
After more than eight years of investigations and legal proceedings, leading to very high costs and serious and unjust reputational consequences for the company and its management, justice eventually took its course, confirming with a definitive sentence the complete acquittal, because “there is no case to answer”.
The proceedings relating to the OPL 245 affair have come to a close.
A new side to the OPL 245 case has emerged in the state of Delaware, which has the most lenient corporate laws in the United States.
If OPL 245 is not converted into a mining licence, Nigeria will be deprived of a considerable source of income. The ICSID is intervening.
From the acquisition of the bloc to the role of the three NGOs, with fact-checking of the main points: below is the whole truth about the OPL 245 affair.
Documentary evidence debunks the “news” that has been circulating about this case.
As OpenEconomics research centre showed the development of the block would bring significant economic and social benefits to the Nigeria. IT IS A FALSE CLAIM to state that they would be impoverished.
The price was reasonable and appropriate to the characteristics of OPL 245, the terms of the contract and the oil and gas market development. IT IS A FALSE CLAIM to state that the cost was inflated.
Eni paid the agreed amount to the Nigerian government pursuant to a legitimate contract entered into therewith. IT IS A FALSE CLAIM to state that Eni made illegal payments to Malabu.
Eni was not obliged to know, nor did it know, the use and recipients of the funds Malabu received by the Nigerian Government. IT IS FALSE that Eni knew of Malabu’s illegal actions after the operation.
The broker acted on behalf of Malabu, not Eni. IT IS A FALSE CLAIM to state that Eni made use of a concealed broker.
The charges were disproven by witnesses and experts in court, as well as by the Guardia di Finanza back in 2016. IT IS A FALSE CLAIM to state that Eni’s senior managers collected the alleged bribes.
In the operation Eni complied its internal procedures, international best practices and implemented all accounting and industrial audits. IT IS A FALSE CLAIM that Eni infringed control procedures.
A guide offering clear and simple explanations of the most recurring words, concepts, and acronyms in the OPL 245 case.
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
Through EnergIA, you can delve into topics of interest and have a real-time window into the world of Eni.
If you wish to search for a specific document, press release or news, use the traditional search engine via the magnifying glass icon.
Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
If the system fails to find an exact match for the requested content, it still tends to provide a response.
If you find any inaccuracies in the provided response, please send us your feedback at the bottom of the page: it will be very helpful for us to improve.
Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
If questions are formulated that violate the set security criteria, the system will not proceed with processing the response. Please remember not to send personal data.
By using this service, the users acknowledge that they have read and accepted the terms and conditions of use.
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