Eni Slander Probe Could Prompt Management Changes

Friday, April 5, 2019

Italy's Eni has carried out internal audits in a slander case relating in part to a Nigeria corruption scandal, and a source with knowledge of the matter said the review could prompt some management changes at the oil major.

Eni and its Anglo-Dutch peer Royal Dutch Shell are on trial for allegedly paying $1.1 billion in bribes to buy Nigeria's OPL 245 offshore oilfield in 2011, one of the oil industry's biggest graft cases.

Both companies deny any wrongdoing.

Milan prosecutors opened in 2018 a separate case involving allegations that certain Eni managers had a role in exploiting false statements to discredit and slander witnesses involved in the main case.

The source said Eni had conducted at least two audits on the case concerning alleged false statements and sought legal opinions from outside lawyers.

"The audits could lead to a reshuffle of management at the group," the source said.

In comments sent to Reuters, Eni confirmed it had launched audits on internal company processes linked to the matter, adding they had been wrapped up and steps for improvement identified.

Eni also denies any wrongdoing in the case opened by Milan prosecutors on the alleged making of false statements.

"If there should be changes to the (management) structure these will be announced, as always, in the correct way," it said.

The company said it was awaiting the outcome of judicial investigations before deciding whether to take further steps.


(Reporting by Emilio Parodi and Stephen Jewkes; Editing by Dale Hudson)

Categories: Legal Offshore Energy Industry News FPSO Africa

Related Stories

Vietsovpetro Brings BK-24 Oil Platform Online Two Months Early

Shell’s Brazil-Bound FPSO Starts Taking Shape

SBM Offshore, SLB to Optimize FPSO Performance Using AI

Timor Gap Boosts Stake in Finder Energy’s Timor-Leste Oil Fields

Seatrium Secures ABS Backing for Deepwater FPSO Design

PXGEO Nets First Seismic Survey off Malaysia

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

China Starts Production at Major Oil Field in Bohai Sea

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

Fugro Expands Geotechnical Testing Capabilities in Indonesia

Current News

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

ABL Secures Rig Moving Assignment with India's ONGC

Pakistan, Türkiye Deepen Oil and Gas Ties with Offshore Indus-C Block Deal

Eni-Petronas Gas Joint Venture Up for Launch in 2026

Vietsovpetro Brings BK-24 Oil Platform Online Two Months Early

Propane’s Economic Edge for Ports During Trade Uncertainty

Shell’s Brazil-Bound FPSO Starts Taking Shape

Ventura Offshore’s Semi-Sub Rig to Keep Drilling for Eni in Asia

SBM Offshore, SLB to Optimize FPSO Performance Using AI

MODEC Ramps Up Hammerhead FPSO Work After ExxonMobil's Go-Ahead

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com