According to a Press Release by the ENI company, as part of its subsidiary Snamprogetti Netherlands BV's settlement and non-prosecution agreement with the Nigerian authorities, Snamprogetti agreed to the payment of a criminal penalty of $30 million and of $2.5 million as reimbursement for legal costs and expenses incurred by the Nigerian authorities. In addition to dismissing all charges filed in Nigeria, the authorities agreed to renounce civil claims and criminal charges in any jurisdiction. (Source: ENI/Saipem company Press Release, "Snamprogetti Netherlands BV enters agreement with Federal Government of Nigeria," December 20, 2010.) Background on the Bonny Island project, TSKJ joint venture and Snamprogetti Netherlands BV's settlement with the US Department of Justice are described in US v.Snamprogetti Netherlands BV, Case No. 4:10-cr-00460 (S.D. Tex.), Deferred Prosecution Agreement and Statement of Facts, filed July 7, 2010. Please note that the settlement agreement with the Nigerian government is confidential and not publicly available.

According to a Press Release by the ENI company, its subsidiary Snamprogetti Netherlands BV entered into a settlement and non-prosecution agreement with the Nigerian authorities to resolve an investigation into the activities of Snamprogetti, as member of the TSKJ consortium, in connection with contracts to build liquid natural [gas] faciltiies on Bonny Island, Nigeria. The Government of Nigeria agreed to dismiss all charges against Snamprogetti. (Source: ENI/Saipem company Press Release, "Snamprogetti Netherlands BV enters agreement with Federal Government of Nigeria," December 20, 2010.)