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Agip Insists It Complied with Extant Laws in OPL 245

Agip oil

Nigerian Agip Oil Company, a subsidiary of Italy oil giants, Eni, has said that it complied with the law on issues pertaining to Oil Prospecting License (OPL) 245, and that it had published in its website the documents of the judicial investigation into the acquisition of OPL245 in Nigeria.

In a statement on Monday in Abuja, the international oil firm said it carried out an in-depth fact-checking on all the main points of the ongoing trial at the Milan Tribunal.

The statement said Agip had decided on this transparency initiative in the belief that the reading of the documents would allow people to verify directly how Eni acted with absolute correctness and in full compliance with the extant laws.

Agip Oil Company said Eni outlined with broad documentary support, the key points of an affair in which international institutional bodies such as the Department of Justice and the Securities and Exchange Commission (SEC) had recently closed their investigations without taking any action against the company.

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Source: OrientEnergyReview

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