Stalemate on OPL 245
According to our sources, the arbitration proceedings that have pitted [...]
Containing nearly 9 billion barrels of reserves, OPL 245 in Nigeria's offshore has be the theatre of an epic struggle for nearly 10 years between Shell and the local Nigerian firm Malabu Oil & Gas owned by former oil minister Dan Etete. Africa Energy Intelligence has followed each turn in the discreet but hugely important battle. Ten years of reports.
According to our sources, the arbitration proceedings that have pitted [...]
The Swiss bank Raiffeisen reportedly had a hand in the [...]
The arbitration court that is to rule on a suit by Russian lawyer Ednan Agaev against his one-time customer, former [...]
Russian lawyer Ednan Agaev, who had demanded $65 million in [...]
None of the parties involved in last year's acquisition by Shell and ENI of OPL 245 previously controlled by Malabu Oil & Gas headed by Dan Etete has said the least word in public about the deal. [...]
Two consultants are demanding $289 million in commissions for arranging Malabu Oil's sale of OPL 245 to Shell. [...]
Shell has announced its acquisition of the huge oil field owned by Malabu Oil & Gas run by Dan Etete. But the operation has yet to be finalized. [...]
With state-owned NNPC refusing to approve the sale of Malabu [...]
After ten years of maneuvering and court cases, Shell ended up by offering to buy Malabu Oil & Gas’ offshore block OPL 245 (see our report in AEI 656). The stakes in the game were indeed high. [...]
After more than 10 years of squabbling and court cases, Shell and Malabu Oil & Gas owned by former oil [...]
The International Center for Settlement of Investment DIsputes (ICSID) isn’t [...]
Named Egypt’s foreign minister on March 6, lawyer Nabil Elaraby [...]
Secret talks between RoyalDutch/Shell and Nigeria concerning OPL 245, which [...]
Arbitration proceedings pitting RoyalDutch/Shell against Nigeria over the OPL 245 [...]
No holds are barred in the battle between Shell and Abuja for the renewal of the group’s blocks. [...]
Petrobras and RoyalDutch/Shell have finally signed production sharing contracts for blocks which were respectively awarded to them in December, 2000 and May, 2002. [...]
A report by the Nigerian parliament's Petroleum Resources Committee on the transfer of OPL 245 from Malabu Oil & Gas [...]
RoyalDutch/Shell's lawyer in its case against the Nigerian firm Malabu [...]
Representing RoyalDutch/Shell in the dispute pitting it against the Nigerian [...]
When he presented his group's results for 2002 last week, TotalFinaElf boss Thierry Desmaret said his company would be re-named Total in May. The announcement came as the ?Elf scandal,? which kept the French financial police busy over the past [. [...]
After acquiring OPL 245 in a direct sale, RoyalDutch/Shell is now engaged in discreet bargaining with Nigeria for another block, OPL 256. [...]
An attempt to topple Nigerian president Olusegun Obasanjo in early August stemmed largely from oil disputes. [...]
The Nigerian lawyer chief Afe Babolala, who represented RoyalDutch/Shell during [...]
An arbitration board in London will hand down its finding on the dispute pitting Shell against Malabu on OPL 245 this summer. Some embarrassing details are expected to emerge. [...]
To try to head off a suit filed by Dan Etete on the conditions in which OPL 245 was awarded [...]
The campaign by former Nigerian oil minister Dan Etete to recover OPL 245 has taken a highly political turn and triggered a counter-attack by the president. [...]
Dan Etete, oil adviser to the late Nigerian dictator Sani Abacha, could return to his country's petroleum and political arena. [...]
The OPL 245 block was awarded in 1998 and withdrawn in 2001. AEI understands the acreage could become the object of a law suit in the United States. [...]