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Shell Receives Indictment Request in Nigeria Oilfield Dispute

Source: Reuters 2/14/2016, Location: Africa

Royal Dutch Shell said it received notice of a request for indictment related to a 2011 settlement of long-standing disputes over an offshore block in Nigeria (OPL 245). The tribunal of Milan has fixed the preliminary hearing for 20 April 2017, the company said in a statement.

"We don't believe a request for indictment is justified and we are confident that this will be determined in the next stages of the proceedings. We continue to take this matter seriously and co-operate with the authorities," Shell added.

Shell and Eni said they have asked a Nigerian court to lift a temporary forfeiture of assets and the transfer of operations of the OPL 245 field owned by Shell and Italy's Eni, among others, to the federal government.

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Related Categories: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 

Related Articles: Events  Executive Recruiting  General  Legal  Petroleum Associations  Sourcing & Procurement 


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