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NIGERIA

OPL 245: Middlemen pushed aside

Two consultants are demanding $289 million in commissions for arranging Malabu Oil's sale of OPL 245 to Shell. [...] (533 words)

Issue dated 15/02/2012 Reading time 3 minutes

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Energy

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NIGERIA
Addax
Agip
China National Petroleum Corp
Dan Etete
Ednan Agaev
Emeka Obi
ENI
International Legal Consultant
JPMorgan
Perenco
Rosneft
RoyalDutch/Shell
Rusal
Total

Buhari seeks to shed light on part played by Dan Etete and ENI in OPL 245 deal

The billion dollars that ENI paid to Abuja for OPL 245 could well turn into a legal battle. And behind it lie the huge commissions generated by the deal.

NIGERIA Energy 17/02/2015

ENI moves steadily ahead on huge OPL 245

One of the rare hopes of Nigeria’s government to keep oil production over the 2 million bpd mark is pinned on the very special OPL 245.

NIGERIA Energy 29/10/2013

ENI’s gas shortfall

Hit by sabotage, theft and flooding, ENI is having trouble meeting its commitments to supply gas to Nigeria LNG.

NIGERIA Energy 21/05/2013

Drilling on OPL 245 set for this summer

According to our sources, this summer will see the start

NIGERIA Energy 08/01/2013

Stalemate on OPL 245

According to our sources, the arbitration proceedings that have pitted

NIGERIA Energy 28/08/2012

Verdict to fall on OPL 245

The arbitration court that is to rule on a suit by Russian lawyer Ednan Agaev against his one-time customer, former

Spotlight

NIGERIA Energy 13/03/2012

OPL245: What lay behind $1.3 billion deal

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.

NIGERIA Energy 28/02/2012

Where the millions flew

The cash laid out by Shell and Agip to buy

Spotlight

NIGERIA Energy 23/08/2011

Secret saga behind a 9 billion barrel block

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.

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NIGERIA
Addax
Agip
China National Petroleum Corp
Dan Etete
Ednan Agaev
Emeka Obi
ENI
International Legal Consultant
JPMorgan
Perenco
Rosneft
RoyalDutch/Shell
Rusal
Total

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OPL 245: Middlemen pushed aside

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Buhari seeks to shed light on part played by Dan Etete and ENI in OPL 245 deal

ENI moves steadily ahead on huge OPL 245

ENI’s gas shortfall

Drilling on OPL 245 set for this summer

Stalemate on OPL 245

Verdict to fall on OPL 245

OPL245: What lay behind $1.3 billion deal

Where the millions flew

Secret saga behind a 9 billion barrel block

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OPL 245: Middlemen pushed aside

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

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Set up email notifications for these topics

Buhari seeks to shed light on part played by Dan Etete and ENI in OPL 245 deal

ENI moves steadily ahead on huge OPL 245

ENI’s gas shortfall

Drilling on OPL 245 set for this summer

Stalemate on OPL 245

Verdict to fall on OPL 245

OPL245: What lay behind $1.3 billion deal

Where the millions flew

Secret saga behind a 9 billion barrel block

Set up email notifications for these topics

First visit

Contacts

Tools

Follow us

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Indigo Publications also publishes: