Energy & Natural Resources

Energy & Natural Resources

Our firm has successfully advised indigenous and international industry players on a broad range of complex energy transactions cutting across every aspect of the industry’s value chain. Deploying our expansive industry knowledge and expertise, we advise on upstream exploration and production ventures, oil and gas related capital restructuring, power generation and distribution transactions in the renewable energy space, including industry specific regulatory compliance in the oil and gas, power and mining sectors. Highlighted below are some of the projects we have been involved in as well as ongoing transactions:

  • Currently advising an indigenous oil and gas company on disputes arising from its participating interest ownership of an upstream oil and gas asset.

  • Part of the legal team that advised the Nigerian National Petroleum Corporation (NNPC) and the Nigerian Petroleum Development Company (NPDC) on the divestment of the Federal Government’s equity stake in Brass and Forcados assets with a portfolio of over US$ 1.7billion.

  • Currently advising an independent oil and gas company through the process of marginal field award and project finance;

  • Advising two Nigerian subsidiaries of a US-based renewable energy company on the financing and development of solar hybrid mini-grids in Nigeria. Our services involve generation, review and negotiation of material contracts including Term Sheet, FinancingAgreement, Stock Vesting Agreement, Development Agreement, Engineering, Procurement and Construction Contract, and transaction support on audit and valuation of developmental activities.

  • Currently advising a mini-grid company in negotiating a Tripartite Agreement for the use of the distribution network of a Power Distribution Company. We also provide the company with legal advisory and company secretarial services on its day to day operations.

  • Currently working with an indigenous mining company on its project development venture.

  • Advised on the recovery of over US$12.7 billion being the proceeds of the shipment and sale of more than 50 million barrels of crude oil by several local and multinational oil companies.

  • Advised an indigenous exploration and production company in the negotiation of its rights and obligations in a joint venture as the technical and financial partner in OPL 310. We successfully negotiated the vital terms underpinning the cost bearing interest and revenue sharing participation in the asset. We are currently negotiating the Joint Operating Agreement.

  • Led the team that provided legal and regulatory advice to West African Methanol Alternative Energy Project to secure financing for the construction of its multi-billion-dollar methanol plant in Nigeria.

  • Advised an indigenous oil & gas company on its capital restructuring and reorganization.

  • Led the team that advised an oil & gas company on the structuring, negotiation and financing of an Independent Power Project (IPP) in Nigeria.

  • Advised an indigenous exploration and production company on the acquisition of an oil mining lease (OML) in Nigeria.