Our Energy & Infrastructure team is not only conversant with prevailing issues in the Nigerian energy industry but is also at the forefront of providing expert legal advice to all players in the energy value chain including Government, IOCs’, independents etc.
Members of this team have developed sector specific expertise and belong to the Association of International Petroleum Negotiators (AIPN). We have advised independent exploration and production companies, oil service companies, wholesale gas distributors, lenders, private equity funds, project sponsors in several transactions relating to oil and gas, mining project infrastructure, power generation and distribution.
Some of the services rendered under our Energy & Infrastructure Practice include:
Oil & Gas
We regularly provide advice on the structuring, negotiation, drafting and review of transactional documents relating to petroleum arrangements including Production Sharing Contracts, Unitizations, Joint Venture arrangements, Farm-In/Farm-Out arrangements.
We advise on financing for the production and development of upstream assets, acquisition and divestment of these assets, preparation and advising of new entrants on licensing rounds as well as the purchase of downstream storage assets.
In addition, we are able to leverage on our litigation and arbitration expertise in representing our oil and gas clients involved in disputes and claims relating to environmental matters.
Energy Regulatory Compliance & Governmental Affairs
Our lawyers have experience in advising on regulatory issues in the energy sector. We have a broad Regulatory Practice which regularly advises clients on compliance issues based on the myriad of laws, regulations, directives and guidelines issued by the government.
We also represent clients in audits and investigations conducted by regulatory bodies.
We recognize that an important requirement for securing clients’ energy needs involves being skilled at negotiating, structuring and drafting of finance documents to deal with a wide range of financing needs of identified projects. Our service offerings to our clients therefore include device on syndicated lending, asset based finance, trade finance, project finances
The Energy & infrastructure team has developed requisite competence in power sector having been involved in, and provided representation and transactional services on licensing, financing, compliance with applicable legislation, regulations and governmental requirements to participants engaged in the Independent Power Projects and companies seeking to acquire the successor companies of PHCN.
The abundance of untapped natural resources and the relative level of expertise in Nigeria create veritable opportunities for investors and mining companies. To this end, the Firm provides a bouquet of advisory services to Clients on issues ranging from licensing, regulatory requirements, tax regimes, available and applicable investment incentives, project planning and execution in compliance with prevailing Nigerian Mining Laws, etc.
Advising a syndicate of Financiers in respect of a US$ 46 million (Forty-Six Million US Dollars) financing to a Marginal Field Holder in the development of its marginal field asset;
Advised a Syndicate of Lenders in respect of a US $250 Million (Two Hundred and Fifty Million Dollars) Syndicated Term Loan Financing for the Production, Development of OPL 275 and the Design, Construction and Installation of 67km Amukpe/Chevron Terminal Escravos and 35km Amukpe/Warri Refinery Liquid Hydro Carbon Pipeline.
Advised on the $785 Million Oso Field Development Project jointly owned by Mobil Producing Nigeria Unlimited and the Nigerian National Petroleum Corporation (NNPC), partly financed by equity from the sponsors, and debt capital from international institutions, such as, the World Bank, IFC, US Export Import Bank, Japan Export Import Bank and the European Investment Bank.