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Tag: Malabu Oil and Gas

Malabu: FG Asks Eni, Shell To Pay $1.92bn Damages

Malabu: FG Asks Eni, Shell To Pay $1.92bn Damages         The Federal Government asked a Milan court on Wednesday to order Eni and Royal Dutch Shell to pay $1.09bn as an immediate advance payment for damages it is claiming in one of the oil industry’s biggest-ever...

Malabu Oil Applies to Join Suit to Set aside Order Forfeiting OPL 245 to FG

Ruling on two separate applications filed by Shell Oil Exploration Nigeria Ltd and AGIP Oil seeking to set aside the order made by the Federal High Court Abuja on January 26, 2017, which granted temporary forfeiture of the Oil Prospective Licence (OPL 245) block...