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- Nigeria loses bid for OPL 245 damages from Shell, Eni
Nigeria loses bid for OPL 245 damages from Shell, Eni
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An appeals court in Milan has rejected Nigeria’s claims against Eni and Shell for damages stemming from the companies’ allegedly improper acquisition of the deepwater OPL 245 block. Had the $1.092 billion claim been successful, US funder Drumcliffe Partners could have received more than $350 million. Read more.