March 17, 2017 / 10:29 AM / 9 months ago

Nigerian court overturns seizure of oilfield from Shell and ENI

ABUJA (Reuters) - A Nigerian court on Friday overturned a request by Nigeria’s financial crimes agency to seize an oilfield from oil majors Shell (RDSa.L) and ENI (ENI.MI).

FILE PHOTO: Eni's logo is seen in front of its headquarters in San Donato Milanese, near Milan, Italy, April 27, 2016. REUTERS/Stefano Rellandini/File Photo

    In January a court had ordered the seizure of the OPL 245 oil block and transfer of operations to the federal government on the request of the Economic and Financial Crimes Commission (EFCC).

    Shell and ENI had filed motions to dispute this.

    Reporting by Camilus Eboh; writing by Ulf Laessing; editing by Jason Neely

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