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OIL PROSPECTING LICENCE (OPL) 245

Energy

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.

Nnaemeka Onyekachi · May 27, 2025 6 min