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Nigeria resolves OPL 245 dispute, clears path for 150,000 bpd project

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Nigeria resolves OPL 245 dispute, clears path for 150,000 bpd project

06 Mar, 2026

The Federal Government on Thursday announced that Nigeria has reached a settlement agreement with Eni and Nigerian Agip Exploration Limited over the long-running dispute surrounding Oil Prospecting Licence (OPL) 245. The announcement was contained in a State House press statement issued Thursday by presidential spokesman Bayo Onanuga, following a meeting at the Presidential Villa in Abuja attended by Eni Chief Executive Officer Claudio Descalzi and other senior company executives..................READ MORE