By Giulia Petroni 
 

Italian prosecutors dropped a legal challenge over the acquittal of Eni SpA and its managers in a corruption case related to oil-drilling rights in Nigeria, according to the energy major.

"The waiver means that the acquittals of Eni and its managers of March 2021 have now become full and final," Eni said.

Eni and other individuals including Chief Executive Officer Claudio Descalzi, as well as Shell PLC, were on trial over a payment made for drilling rights in Nigeria that prosecutors argued was mostly for the purpose of bribes. Eni and Shell jointly bought drilling rights off the coast of Nigeria in 2011 in an area known as OPL 245.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

July 19, 2022 10:59 ET (14:59 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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