US SEC Closes Two Eni Probes

US Securities & Exchange Commission (SEC) has notified Eni that, "based on the information currently available to the SEC, it is... closing its pending investigation of Eni, which also encompassed inquiries into the [Nigerian] OPL 245 matter and Eni’s activities in Congo, without recommending further enforcement action," the Italian company said April 22.

The US Department of Justice closed its investigation of Eni with respect to the Algeria and OPL 245 matters without taking any action in October last year.

Eni said that the court of appeal in Milan issued in the last days the reason for the full acquittal of Saipem and Eni on any corruption charges rendered in January 2020.