{"id":12812,"date":"2022-11-14T05:15:35","date_gmt":"2022-11-14T05:15:35","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=12812"},"modified":"2022-11-14T05:15:35","modified_gmt":"2022-11-14T05:15:35","slug":"nigeria-eni-satisfied-with-decision-of-court-of-appeal-on-the-acquisition-of-the-opl24-block","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-eni-satisfied-with-decision-of-court-of-appeal-on-the-acquisition-of-the-opl24-block\/","title":{"rendered":"NIGERIA: Eni Satisfied with Decision of Court of Appeal on the Acquisition of the Opl24 Block"},"content":{"rendered":"<p>Eni expresses its satisfaction with the decision of the Milan Court of Appeal today which, confirming in the first degree, rejected the appeal made by the Nigeria Civil Party aimed at obtaining compensation for the procedure on the acquisition of the Opl24 block and required Nigeria to pay legal fees.<\/p>\n<p>The Milan Court of Appeal also declared \u201cinadmissible\u201d the appeal of the Milan Public Prosecutor against the acquittal sentence \u201cbecause the fact does not exist\u201d regarding a claim made against Eni and its management in March 2021 by the Court of Milan.<\/p>\n<p>Eni recalls the Attorney General had already determined the res judicata of the acquittal sentence in the first instance with the waiver of the reasons for appeal formulated by the Public Prosecutors.<\/p>\n<p>Finally, Eni recalls that it has promoted ICSID international arbitration in Washington against Nigeria for the protection of its Opl245 license with respect to the overall detrimental consequences suffered in the affair.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eni expresses its satisfaction with the decision of the Milan Court of Appeal today which, confirming in the first degree, rejected the appeal made by the Nigeria Civil Party aimed &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-eni-satisfied-with-decision-of-court-of-appeal-on-the-acquisition-of-the-opl24-block\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":9583,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11,7444],"tags":[768,10803,1749,10802],"class_list":["post-12812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-top-news","category-west-africa","tag-eni","tag-milan-court-of-appeal","tag-nigeria","tag-opl-24","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/12\/Eni-Logo.jpg?fit=474%2C582&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3kE","jetpack-related-posts":[{"id":10062,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-eni-acquitted-by-milan-court-in-opl245-trial\/","url_meta":{"origin":12812,"position":0},"title":"Nigeria: Eni acquitted by Milan Court in OPL245 Trial","author":"","date":"March 21, 2021","format":false,"excerpt":"After almost three years of trial, the judgment by a Milan Court has finally established that the company, the CEO Claudio Descalzi and the management involved in the proceedings have all behaved in a lawful and correct manner. Eni has throughout maintained its full confidence in the Court\u2019s fair and\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/NIGERIA-opl226.png?fit=720%2C666&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/NIGERIA-opl226.png?fit=720%2C666&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/NIGERIA-opl226.png?fit=720%2C666&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/NIGERIA-opl226.png?fit=720%2C666&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1764,"url":"https:\/\/www.oilnewskenya.com\/index.php\/enis-ceo-coo-under-investigations-on-corruption-allegations-in-nigeria\/","url_meta":{"origin":12812,"position":1},"title":"Eni&#8217;s CEO, COO under investigations on corruption allegations in Nigeria","author":"Samuel Kamau Mbote","date":"September 12, 2014","format":false,"excerpt":"Italian oil and gas giant Eni has said it is cooperating with the Milan prosecutor\u2019s office in relation to the preliminary investigation launched on the acquisition of the Nigerian block OPL 245 in 2011. The company in a statement denied any illegal conduct in the deal saying the entire payment\u2026","rel":"","context":"In &quot;Elsewhere in Africa&quot;","block_context":{"text":"Elsewhere in Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/elsewhere-in-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/eni2.jpg?fit=224%2C224&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12482,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-shell-welcomes-verdict-from-the-milan-tribunal-over-opl-245\/","url_meta":{"origin":12812,"position":2},"title":"NIGERIA: Shell Welcomes Verdict from the Milan Tribunal Over Opl-245","author":"","date":"July 22, 2022","format":false,"excerpt":"Shell has welcomed a decision by the Milan tribunal on the settlement made in 2011 with the Federal Government of Nigeria and Eni over OPL-245 where the government had separately allocated the same block to two different parties: Shell and Malabu. \u201cWe welcome today\u2019s decision by the Milan Tribunal. We\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/09\/Nigeria-Shell-Petroleum-Development-Company.jpg?fit=1200%2C674&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/09\/Nigeria-Shell-Petroleum-Development-Company.jpg?fit=1200%2C674&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/09\/Nigeria-Shell-Petroleum-Development-Company.jpg?fit=1200%2C674&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/09\/Nigeria-Shell-Petroleum-Development-Company.jpg?fit=1200%2C674&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/09\/Nigeria-Shell-Petroleum-Development-Company.jpg?fit=1200%2C674&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8656,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-eni-terms-public-prosecutors-requests-for-conviction-as-groundless\/","url_meta":{"origin":12812,"position":3},"title":"NIGERIA: Eni Terms Public Prosecutor\u2019s requests for Conviction as Groundless","author":"","date":"July 22, 2020","format":false,"excerpt":"Eni has said it considers that the Public Prosecutor\u2019s requests for conviction of the Company, its former and current CEOs and the managers involved in the Opl245 proceeding are completely groundless. The company says the indictment, in the absence of any evidence or tangible reference to the contents of the\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Eni-Logo.jpg?fit=474%2C582&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":14435,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-eni-receives-consent-from-nuprc-to-the-sale-of-naoc-to-oando\/","url_meta":{"origin":12812,"position":4},"title":"NIGERIA: Eni receives consent from NUPRC to the Sale of NAOC to OANDO","author":"","date":"July 25, 2024","format":false,"excerpt":"\u00a0Eni has received formal consent from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)\u00a0for the sale\u00a0of NAOC Ltd to Oando Plc. Having already obtained all other relevant local and regulatory authorities\u2019 authorizations, this achievement will allow Eni to proceed to the completion of the transaction for the sale of Nigerian Agip\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9707,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-heirs-holdings-acquires-45-of-oml-17-from-shell-total-and-eni\/","url_meta":{"origin":12812,"position":5},"title":"NIGERIA: Heirs Holdings Acquires 45% of OML 17 from Shell, Total and ENI","author":"","date":"January 17, 2021","format":false,"excerpt":"Heirs Holdings \u00a0the leading African strategic investor, in partnership with affiliated company\u00a0Transnational Corporation of Nigeria Plc (Transcorp), Nigeria\u2019s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through\u00a0TNOG Oil and Gas Limited (a related company of\u2026","rel":"","context":"In \"Afam Power Plc\"","block_context":{"text":"Afam Power Plc","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/afam-power-plc\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/01\/NIGERIA-OPL-281.jpg?fit=412%2C324&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=12812"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12812\/revisions"}],"predecessor-version":[{"id":12813,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12812\/revisions\/12813"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/9583"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=12812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=12812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=12812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}