Eni Suspends World Bank Arbitration In Nigeria’s OPL 245 Dispute

Eni Suspends World Bank Arbitration In Nigeria’s OPL 245 Dispute   

Italy’s oil giants, Eni, has suspended arbitration regarding an oilfield dispute with the Nigerian government, buying time to discuss a conversion of the licence from prospecting to mining licence, sources with direct knowledge of the matter told Reuters. The suspension is coming barely three days after Nigeria withdrew civil claims totalling $1.1 billion against Eni […]

Source: Eni Suspends World Bank Arbitration In Nigeria’s OPL 245 Dispute   

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