ENERGY/NATURAL RESOURCES

Our lawyers understand the legal, regulatory, and economic challenges of establishing and operating a successful energy or natural resources enterprise in Nigeria. We work in this field every day, and our lawyers, regardless of their primary practice focus, are aware of and are ready to support the central role of our Energy & Natural Resources Practice Group in our Firm’s service to the business community in Nigeria and to investors worldwide.

We also help our clients not only to respond to the increasingly sophisticated changes and challenges of compliance with environmental laws and regulations, but also to anticipate them in order to avoid greater risks in the future.

Our leading services

  • Advice on operation and maintenance agreements for power generation facilities and power plants
  • Transaction support in energy-related acquisitions and mergers
  • Proactive regulatory advice
  • Project structuring advice and services
  • Take-off agreements
  • Acquisition and integration of power assets
  • Construction agreements
  • Power-purchase agreements
  • Proactive legal risk assessment and advice on environmental compliance
  • Preparation of annual compliance registers for applicable environmental laws
  • Seamless coordination with environmental litigation specialists in our Litigation and Arbitration Practice Group

Some instances of how we have helped our clients

  • Advised Daewoo Nigeria Limited on its operation and maintenance agreement for the Afam V and Afam VI power generation facilities.
  • Advised an international investment fund on a proposed loan of $124million to pay a purchaser’s bid price for a power distribution company.
  • Represented a client in a $3million project consultancy contract with a power holding company with respect to seven medium-sized power plants.
  • Advised a bidder in its acquisition of 80% interest in an electricity generation company, as part of the privatization of Nigeria’s power generation sector.
  • Acted for a major gas pipeline company in the review, amendment, and rewriting of a four-country International Project Agreement for the supply of gas through a $1billion gas pipeline from Nigeria to Ghana, Togo, and the Benin Republic, as well as associated commercial agreements governing international gas sales, purchase and transportation and financing.
  • Annually prepare a comprehensive environmental compliance register for oil majors, to alert them to the potential impacts of all environmental laws applicable to their operations in Rivers State, Bayelsa State, and Imo State.
  • Successfully defended SPDC, Chevron, and Total E&P in several fora bordering on compliance with environmental standards.