Aderemi Fagbemi

Our People

About Aderemi :

Aderemi is a Partner in the firm’s Energy and Natural Resources Practice Group. With seventeen (17) years of experience in the legal profession, she is well versed in corporate and commercial transactions with particular expertise in energy law and policy. She has consistently advised both indigenous companies and multinationals, including various government MDAs on legal and regulatory issues and has been involved in the development of legal, regulatory and policy framework documents and transactional documents particularly in the oil and gas, power and mining sectors. She also advises on acquisitions, joint venture arrangements, and project finance and has a background in dispute resolution and extensive training in the areas of International Commercial Arbitration.

Aderemi has been recognized by leading ranking firms such as Chambers and Partners Global and IFLR 1000 for her expertise in the industry. She was highly recommended as a Leading Lawyer in Energy and Natural Resources by Chambers and Partners Global 2015. Clients describe her as “very supportive and proactive”, “impressive …very responsive and output focused. She knows what the end game is from the start and has great subject matter expertise.” She was a member of one of the Working Groups that advised on the Doing Business in Nigeria Initiative of the Federal Government.

Prior to joining Tope Adebayo LLP, Aderemi spent a great number of years working at one of the leading Energy Practice law firms and served a brief stint at Oando Plc.

Membership of Professional Association

Nigerian Bar Association
Association of International Petroleum Negotiators
Executive member of the Nigerian Bar Association - Section on Business Law Construction Projects and Infrastructure Committee

Track Records

  • Supervised the team that provided legal advisory services to an international E&P company in the proposed acquisition of certain oil and gas assets. Advisory scope included Project Structure advisory, Legal Due Diligence and Transaction advisory;
  • Advised two major international oil & gas trading outfits on matters relating to potential criminal & civil liabilities for crude oil, bunker fuel & LNG spillage in Nigeria and supervised & coordinated the provision of cross jurisdictional legal advisory services across various African jurisdictions;
  • Supervised the team that advised Schlumberger on the key aspects of the Nigerian oil and gas legal and regulatory framework which may impact a proposed business model in Nigeria. This involved analyzing how the model may be tailored to fit within the legal framework and minimise investment risks and included the provision of a framework document which gave a review of the legal and regulatory issues surrounding the implementation of the model in Nigeria;
  • Supervised the team that advised a Canadian company quoted on the TSXv. on its successful Reverse Takeover transaction with a Nigerian oil & gas company;
  • Supervised the team that advised a Nigerian company and its Turkish partners on the successful acquisition of majority interest in the electricity distribution company serving middle belt Nigeria worth approx. US$ 82 Million;
  • Advised an indigenous E&P company in respect of a farm-in transaction relating to a Marginal Field in the Niger Delta Basin of Nigeria. This included providing due diligence advisory, general transaction advisory services, negotiation of the Term Sheet between parties, drafting and negotiating all material contracts in relation to the transaction, including the Deed of Assignment, Farm-in Agreement and the Joint Operating Agreement;
  • Advised a start-up international E&P company on the legal issues surrounding a dispute between an IOC and the Federal Government and the investment risks involved in a possible acquisition transaction;
  • Part of the team that advised the Federal Government of Nigeria in structuring the private public participation framework for 3 hydro-electric dams in Northern Nigeria;
  • Advised an indigenous E&P company in its negotiations with its technical and financial partner on the Joint Operating Agreement and Cost and Revenue Sharing Agreement in respect of the operations of Oil Prospecting Licence 310 in the Federal Republic of Nigeria;
  • Supervised the team providing legislative monitoring services and periodic reviews of Acts of the Nigerian National Assembly, proposed legislations and regulations made by government agencies and their possible impacts on the operations of the Independent Petroleum Producers Group (IPPG), an association of Nigerian indigenous oil and gas Independents. This included preparing and coordinating the collation of policy advocacy documents in respect of calls from the government and representation at public hearings;
  • Part of the team that acted as transaction counsel to an indigenous E&P company in respect of its financing and technical services arrangement with an international oil and gas service company for the development and exploitation of two (2) offshore Oil Mining Leases. Our services included: reviewing and negotiating all material contracts in relation to the project, including the Term Sheets, Master Service Agreements, Tripartite Financing Agreement, Upfront Payment Agreement, Crude Offtake Agreement, Field Management Agreement, Secondment Agreement, etc;
  • Supervised the team that advised an international oil and gas company on the legal and regulatory issues involved in licensing a Nigerian oil trading company as its exclusive offshore lubricants distributor;
  • Assisted an Agro Allied company in obtaining a Captive Power Permit for its operations and supervised the obtaining of consent from the Nigerian Electricity Regulatory Commission for the commercial disposal of surplus captive power to its neighbouring companies via a Power Purchase Agreement;
  • Part of the team that advised Lafarge WAPCO on legal matters pertaining to the construction of a 90 mw captive power plant in south west Nigeria;
  • Involved in the provision of electricity advisory services to the lender, in a US$21.4 Million bridge facility for the successful acquisition of majority interest in the electricity distribution company serving parts of south western Nigeria;
  • Supervised the team that advised Petrobras on the implications of the Nigerian Oil and Gas Content Development Act 2010 across its operations and developed a policy framework document and legal and regulatory compliance templates for its Nigerian operations;
  • Advised Oando Plc. on the implications of the Petroleum Industry Bill and other current and proposed legislations and regulations made by government agencies and their possible impacts on its operations;
  • Part of the team that advised the Nigerian Electricity Regulatory Commission on a variety of issues related to its regulatory oversight powers under the Electric Power Sector Reform Act;
  • Advised an indigenous Exploration & Production company in respect of the interpretation of certain provisions of the Nigerian Oil and Gas Industry Content Development Act, 2010 vis a vis their application by the Nigerian Content Development and Monitoring Board;
  • Supervised the team that provided legal representation to a distribution company and a generation company during their proposed acquisition of majority interests in PHCN successor companies.

Expertise

  • Energy and Projects: Oil and Gas, Power, Mining
  • Corporate and Commercial Practice
  • Corporate Finance
  • Construction and Infrastructure Projects

Education

  • Association of International Petroleum Negotiators/Rocky Mountain Mineral Law Foundation Training
  • University of Birmingham, United Kingdom – (LLM)
  • Nigerian Law School – (BL)
  • University of Lagos (LL.B)