Shell PLC has announced the withdrawal of civil claim totaling $1.1 billion by Nigeria against the company. This development according reports, marked the conclusion of a lengthy legal battle stemming from the 2011 oilfield deal involving the acquisition of Oil Prospecting License (OPL) 245. In 2011, Shell, in collaboration with its Italian counterpart Eni S.p.A. […]

The post Shell Settles $1.1bn Corruption Case In Nigeria appeared first on Independent Newspaper Nigeria.

Was this article helpful?
YesNo

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Close Search Window