Petroleum Africa
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Wednesday, March 1, 2017
Claudio Descalzi, CEO of ENI, is steadfast in his denials of any wrongdoing in the 2011 acquisition of Nigerian block OPL 245. ENI, as well as its partner Shell, saw OPL 245 placed under forfeiture in January.
An Italian prosecutor filed charges against several ENI executives, including Descalzi, related to the $1.3 billion paid by ENI and Shell that was allegedly funneled to Nigeria’s oil minister at the time and other individuals as a bribe.
The ENI boss told the Financial Times that his company was “very close” to making a FID on the license, but to do that it would need to win an appeal against the temporary forfeiture.
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