
OPL 245: Agip Oil wins as Appeal Court dismisses Malabu Oil’s $1.3 billion oil field suit claims
The Court of Appeal in Abuja has dismissed Malabu Oil and Gas Ltd’s suit over the disputed $1.3 billion oilfield in Nigeria, Oil Prospecting Licence (OPL) 245, in favor of Nigerian Agip Oil Company. The Appeal Court set aside a 2020 Federal High Court …