LONDON (Reuters) – Shell confirmed on Friday that Nigeria withdrew civil claims totalling $1.1 billion against it in relation to allegations of corruption in a 2011 oilfield deal.
“We are pleased that this claim has been withdrawn. It brings to an end to all legal cases against Shell on OPL 245 in Italian courts,” a Shell spokesperson said in a statement.
In 2021, an Italian court acquitted Shell, Eni, the operator of the OPL 245 oilfield, and company executives of corruption allegations in the acquisition of the field a decade earlier.
Eni confirmed Nigeria had withdrawn the claim on Thursday.
(Reporting by Ron Bousso, Editing by Louise Heavens)