Oil firm Rockhopper wins £210m payout after being banned from drilling
by Arthur Neslen from Environment | The Guardian on (#62VZB)
Italian government ordered to compensate UK firm after exploration forbidden within 12 miles of coast
A corporate tribunal has ordered the Italian government to pay more than 210m to the UK oil company Rockhopper as compensation for an offshore oil drilling ban.
Rockhopper's case was launched after the Italian government banned oil exploration and production within a 12 mile-limit off Italy's coast in 2015, scotching the company's planned Ombrina Mare oilfield.
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