Tinubu oversees historic settlement of OPL 245 dispute …deal with ENI clears path for major deepwater investment … Zabazaba–Etan project expected to add 150,000 barrels daily to Nigeria’s output President Bola Ahmed Tinubu on Thursday announced the successful resolution of the long-standing dispute over Oil Prospecting Licence (OPL) 245, a development expected to unlock major deepwater investment and significantly boost Nigeria’s crude oil production. The settlement agreement, reached between the Federal Government of Nigeria, ENI, and Nigerian Agip Exploration Limited (NAEL), was concluded during a meeting presided over by the President at his office in Abuja. The meeting was attended by ENI’s Chief Executive Officer, Claudio Descalzi; the company’s Chief Operating Officer, Guido Bru...