Hall Of Fame

Firms To Watch: Energy and natural resources

ALP NG & Company leverages a pan-African network to offer services in transactional support, due diligence and regulatory compliance to clients operating in Nigeria’s energy industry. Atinuke Odofin is a key driver in the team.

Energy and natural resources in Nigeria

Banwo & Ighodalo

Banwo & Ighodalo boasts a notable client list and vast experience of handling significant and high-value energy and natural resource transactions. The team can assist across a comprehensive spectrum of issues including the acquisition and disposal of oil and gas facilities, the negotiation of oil and gas supply arrangements, project financing and construction of facilities. Ken Etim is described as ‘incredibly experienced and can speak with deep knowledge on a range of subjects.’ Stella Duru has knowledge across all stages of the energy project value chain, whilst Kehinde Ojuawo is recognised for his expertise in crude oil sale arrangements and prepayment financing. Akindeji Oyebode is a key lawyer, whilst Lekan Dairo and Onyinye Dimkpagu make significant contributions from associate level.

Praxisleiter:

Ken Etim; Stella Duru; Kehinde Ojuawo; Akindeji Oyebode


Weitere Kernanwälte:

Lekan Dairo; Onyinye Dimkpagu


Referenzen

‘The B&I team is absolutely top of the market in Nigeria for the quality of the technical advice, which is always delivered in a pragmatic and practical format. Strength in depth and quality pervades their entire team from top to bottom in terms of seniority.’

‘Experienced, responsive and authoritative. They are able to guide on areas where law and practice are still evolving.’

 Ken Etim is incredibly experienced and can speak with deep knowledge on a range of subjects. Kehinde Ojuawo is responsive and manages transactions superbly.’ 

Kernmandanten

Abia State Government


Bureau of Public Enterprises


Blackrose Group


Cainergy International Limited


Chevron Nigeria Limited


Fradro Gas and Power Limited


MRS Oil and Gas Company Limited


ND Western Limited


Nigerian National Petroleum Company Limited


Nigerian Upstream Petroleum Regulatory Commission


Renaissance Africa Energy Company Limited


Highlight-Mandate


  • Acted as Nigerian counsel to Sinopec International Petroleum Exploration & Production Corporation in connection with the divestment of its equity interest in the Stubb Creek Marginal Field to Savannah Energy SC Limited.
  • Advising Renaissance Africa Energy Holding Limited with regards to its acquisition of Shell Petroleum Company Limited’s entire shareholding in Shell Petroleum Development Company of Nigeria Limited.

Dentons ACAS-Law

Dentons ACAS-Law‘s energy and natural resources practice acts as a one-stop shop for all energy-related transactions and matters. The team is active in several local and cross-border project development and financing transactions and offers services across the entire oil and gas value chain. The experienced Sola Adepetun has profound expertise in the energy sector and is very adept in providing strategic counsel on oil and gas licencing, taxation and foreign investment laws. Felicia Kemi Segun specialises in joint ventures and petroleum exploration and production projects.

Praxisleiter:

Sola Adepetun; Felicia Kemi Segun


Referenzen

‘From our interactions so far, Dentons ACAS-Law has a good understanding of the energy business, especially the Nigerian terrain, regarding relevant regulations, and laws and surprisingly sometimes, demonstrates the nitty gritty of upstream petroleum operations.’

‘Individually they demonstrate a high level of professionalism and good ethics.’

‘The firm has an in-depth understanding of oil and gas laws and deploys its knowledge and expertise in meeting its client’s needs.’

Kernmandanten

ChappalEnergies Mauritius Limited


Jaza Energy Limited


Highlight-Mandate


  • Advising ChappalEnergies Mauritius Limited in the share sale in connection with the acquisition of 100% of the shareholding interest of Equinor AS in Equinor Nigeria Energy Company Limited.
  • Advising ChappalEnergies Mauritius Limited in the asset sale in connection with the acquisition of TotalEnergies EP Nigeria Limited’s 10% non-operated interest in onshore and shallow water assets in the Niger Delta, Nigeria.

G. Elias & Co

Co-led by the vastly experienced Gbolahan Elias, SAN, G. Elias & Co advises both local and foreign clients on a range of legal matters relating to the energy industry. The team is well-placed to advise lenders on payment facilities, as well as exploration and production companies, in crude oil-related matters. Beyond this, the team’s client list includes construction companies, international entrants and public bodies. Okechukwu Okoro co-leads the team alongside Elias and has represented public and private sector clients across the electric power, oil and gas sectors. Emeka Ezekwesiri is a key part of the team.

Praxisleiter:

Gbolahan Elias, SAN; Okechukwu Okoro


Weitere Kernanwälte:

Emeka Ezekwesiri


Kernmandanten

African Export-Import Bank


Macready Oil and Gas Services Company Limited


BUA International Limited/Siemens Energy Limited


All On Partnerships for Energy Access Limited


Sentinel Energy and Gas Ltd


Duport Midstream Company Limited


Geoplex Drillteq Limited


Climate Technology Centre and Network /PricewaterhouseCoopers


Mojec International Limited


First Bank Nigeria Limited


Special Adviser to the President of the Federal Republic of Nigeria on Energy Matters


Highlight-Mandate


  • Advising Shell B.V. on the divestment of its interest in Shell Petroleum Development Company Limited.
  • Advised a global syndicate of lenders led by African Export-Import Bank on the $3.3bn crude-oil-backed prepayment facility sponsored by the Nigerian National Petroleum Company Limited.
  • Advising All On Partnerships for Energy Access Limited by Guarantee, a Shell group vehicle dedicated to developing solar energy projects in Nigeria, on its investments, totalling over $200m, to several renewable energy project developers.

Olaniwun Ajayi LP

Olaniwun Ajayi LP‘s energy and natural resources team is capable of handling some of the most complex and significant energy and infrastructure transactions in Nigeria. The firm has represented public bodies, international financial institutions and construction and project development corporations on matters across the renewable energy and oil and gas value chains. Tominiyi Owolabi has vast expertise in leading complex oil and gas acquisitions and projects in Nigeria. Wolemi Esan, SAN is noted for his knowledge of power and infrastructure assets. Ibi Ogunbiyi co-heads the team alongside Owolabi and Esan and has a unique understanding of implementing privatisations, public-private partnerships and concession projects.

Praxisleiter:

Tominiyi Owolabi; Wolemi Esan, SAN; Ibi Ogunbiyi


Referenzen

‘OALP has earned its place as one of the leading legal firms in Nigeria in the area of energy and natural resources. They are eminently client-focused and bring unique and far-reaching insights. Their versatility and helicopter view are very apparent. No matter how novel or intractable an issue appears, you can be sure that with OALP, there will be a workable solution.’

‘Olaniwun Ajayi is unparalleled in its depth of experience working across several players within the oil & gas ecosystem: regulators, the country’s oil corporation and other key investors. Its experience advising on critical assets and financing in the space ensures they are the clear and dominant leader in the space.’

‘The firm recently celebrated its acquisition of top talents from the Nigerian Law School and sufficiently boosted its bench strength.’

Kernmandanten

Nigerian National Petroleum Company Limited


Nigerian Electricity Regulatory Commission


FGN Power Company Limited


Lagos State government


African Refinery Port Harcourt Limited


Nigerian Upstream Regulatory Commission


MBH Power


FG Gold


ECOF Kaduna Limited


Chapel Hill Denham Management Limited


Templars

Templars‘ team is ‘very experienced in oil and gas transactions, and always with a strong understanding of latest developments and market practice in the Nigerian energy space.’ With specific industry knowledge across oil and gas, power, renewables, projects and mining, the team is well-positioned to offer clients a broad scope of services including matters relating to mergers and acquisitions, downstream transportation, gas processing, mining and production licences. The ‘commercial, responsive and highly experienced’ Dayo Okusami leads the team alongside Yemisi Awonuga, who has a deep knowledge of Nigeria’s petroleum sector and regularly advises on acquisition financing. Desmond Ogba focuses his practice on renewable energy transitions and infrastructure financing.

Praxisleiter:

Dayo Okusami; Yemisi Awonuga


Weitere Kernanwälte:

Desmond Ogba


Referenzen

‘Very experienced in oil and gas transactions, and always with a strong understanding of latest developments and market practice in the Nigerian energy space.’

‘Dayo Okusami is first class. He’s always on top of the legal details, but he combines that with a robust commercial approach and a strong ability to fight his client’s corner.’

‘The oil & gas team, led by Dayo Okusami, is on top of the latest developments in the market.’

Kernmandanten

Chevron Nigeria Limited


ExxonMobil Corporation


Total Energies Nigeria Limited


Equinor ASA


Skipper Nigeria Limited


Africa Oilfield Movers Limited


UTM Offshore Limited


Fraz Energy Limited


Lagos Free Trade Zone Company Limited


Svenska


Engie


Rack Centre


Elektron


World Carrier Corporation


Floating Solar Company


Viathan Engineering Limited


AELEX

AELEX‘s ‘very responsive and technically strong’ energy and infrastructure practice acts as go-to advisors for investors engaging in the Nigerian oil and gas, mining and renewables sectors. The firm is capable of counselling clients on a range of regulatory and contractual issues as well as taking a leading role in substantial transactions. Lawrence Fubara Anga, SAN and Olusina Sipasi lead the team. Sipasi has vast experience in advising clients on project finance, construction and infrastructure projects. Raymond Ofagbor is a key team member and regularly advises multinationals on their Nigerian affairs. Merit Okafor comes recommended.

Praxisleiter:

Lawrence Fubara Anga, SAN; Olusina Sipasi


Weitere Kernanwälte:

Raymond Ofagbor; Merit Okafor


Referenzen

‘Very responsive and technically strong.’

‘Proactive and responsive.’

Highlight-Mandate


  • Advised Standard Bank of South Africa Limited, Isle of Man Branch and one other lender in relation to a $100m reserve-based lending facility to the borrower, an indigenous oil and gas company.
  • Advised AFREXIM Bank and other local and international financial institutions acting as lenders in connection with the proposed financing of the development of a modular hydroskimming refinery in Yenagoa, Bayelsa.
  • Advised Dubri Oil Company Limited in respect of the financial and technical collaboration to develop the OML 96 fields and also to develop a gas processing plant.

Aluko & Oyebode

Aluko & Oyebode is ‘able to leverage the depth of experience in diverse areas of practice and industry’ to provide an encompassing service to their domestic and international clients operating in Nigeria’s energy industry. The team has been notably active in representing financial institutions on project financing matters, leveraging their vast industry knowledge and international network of clients. Kofo Dosekun has been the team leader for several offshore cross-border project finance transactions in the energy, pipeline, power, and infrastructure sectors. Oghogho Makinde leads the team alongside Dosekun. Oludare Senbore comes recommended.

Praxisleiter:

Kofo Dosekun; Oghogho Makinde


Weitere Kernanwälte:

Oludare Senbore, Reginald Udom, Gbenga Oyebode; Olagoke Kuye


Referenzen

‘Aluko & Oyebode is truly a full-service law firm, able to leverage the depth of experience in diverse areas of practice and industry to provide robust legal advice on issues.’

The Aluko team is very responsive and takes the time to understand a client’s business. This creates a bespoke service experience.’

‘Goke Kuye is an expert in energy, bringing quality experience to every transaction. He is responsive and his insight on transactions is commendable.’

Kernmandanten

North South Gurara Energy Company Limited


Arise Integrated Industrial Platform


Sterling Bank Limited


The Company for Habitat and Housing in Africa


Frontier Oil Limited


Deutsche Bank AG


Infrastructure Credit Guarantee Company Limited


Highlight-Mandate


  • Advising the lenders in connection with the ₦13.2bn financing of Orbit Hot Strip Limited under the Central Bank of Nigeria’s intervention facility, the differentiated cash reserve ratio scheme for the construction of a hot rolled strip mill plant and cold rolled annealed mills plant in Nigeria.
  • Advising Sterling Bank Limited in connection with the issuance of $45m structured debt notes programme by its customer, under which Sterling Bank Plc would be acting as adviser and arranger for the notes.
  • Acted as counsel to North South Gurara Energy company Limited in relation to the sale and purchase of the net electrical output from the 30MW installed capacity hydro-electric power generation plant at Gurara, Kaduna.

Udo Udoma & Belo-Osagie

Udo Udoma & Belo-Osagie has a well-established energy practice, regularly representing significant players and handling complex transactions. The team is capable of advising domestic and international companies and investors on strategic joint ventures, transactions, and partnerships, as well as providing specialised compliance and regulatory advice regarding Nigerian oil and gas, maritime and environmental legislation. Nicholas Okafor regularly provides expert advice on greenfield and brownfield projects, whilst his co-lead Folake Elias-Adebowale works on upstream and downstream petroleum investments. Adeola Sunmola specialises in project finance and syndicated lending transactions.

Praxisleiter:

Folake Elias-Adebowale; Nicholas Okafor


Weitere Kernanwälte:

Adeola Sunmola


Referenzen

‘The firm’s team comprises seasoned lawyers with in-depth knowledge of complex regulatory landscape, and this makes it possible for the team to provide strategic and commercially focused legal advice that addresses the specific needs of the company, helping us navigate complex negotiations and project developments. The firm’s practice is well equipped with robust litigation and arbitration capabilities and the firm’s commitment to a client-centred approach and its deep connections within business and regulatory environment gives it a competitive edge.’

‘The firm emphasises collaboration, by utilising its cross-functional teams to ensure that the best possible legal solutions are delivered. The team has provided adequate regulatory advisory services and insights, offering the company detailed guidance on compliance with regards relevant industrial laws. Overall, the firm is exceptionally positioned due to its combination of industry expertise, regulatory knowledge, and innovative service delivery, making it a top choice.’

‘The individuals stand out due to their deep expertise and extensive industry knowledge. The firm’s partners and associates are recognized for their exceptional legal skills, practical approach, and commitment to client service.’

Kernmandanten

Oma Power Generation Limited


Sahara Energy Group


Mitsui


Vitol Group


Equinor Nigeria Energy Company Limited


Chapel Hill Denham


Nigerian Infrastructure Debt Fund


Ikeja Electricity Distribution Company


Jotna and Engee PET Manufacturing Company Nigeria Limited


International Finance Corporation


AIPEC Oil and Gas Limited and AIPEC Properties Limited


Geometric Power Limited


Geometric Power Limited


CMA CGM Terminals Group


Mirova Sunfunder


Engie Energy Access


General Atlantic Service Company L.P./Beyond Net Zero


OMH Optimum Maritime Holdings Ltd/Advokatfirmaet Wiersholm AS


Simmons & Simmons JWS Pte. Ltd/Mirova SunFunder Inc.


Echosys Invest/Afrigreen Debt Impact Fund


Highlight-Mandate


  • Advising Geometric Power Limited and APL Electric Company Limited on the restructuring of a $500m+ facility provided by a syndicate of Nigerian lenders, the securing of investments in the Aba Power Plant from various investors including the African Export-Import Bank, and raising an additional $19m of new equity.
  • Advising Mirova Gigaton Fund S.A., SICAV-RAIF, Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. and Development Bank of Austria, represented by SunFunder as coordinator, in connection with a proposed $65m financing for Energy Vision Ltd. (Mauritius).
  • Acting as lead counsel to Echosys Invest as fund advisor to Afrigreen Debt Impact Fund in connection with its provision of up to $15m senior secured facility to Rensource Commercial and Industrial Limited to fund the construction of 30MW off-grid solar power plants.

Abdulai, Taiwo & Co

Abdulai, Taiwo & Co regularly represents clients on issues pertaining to energy and natural resources in the transport, ports and infrastructure sectors, with notable activity in the PPP space. Much of the PPP work conducted by the team is directed by Ladi Taiwo, managing partner. Taiwo is supported by Akin Osinbajo who is noted for his expertise in contentious work. ‘Seasoned lawyer’ Alayo Ogunbiyi is recommended.

Praxisleiter:

Ladi Taiwo; Akin Osinbajo


Weitere Kernanwälte:

Alayo Ogunbiyi


Referenzen

‘They were my first choice because I appreciated that they would understand the complexity of delisting two companies and work within the time frame.’

‘Alayo Ogunbiyi is a seasoned lawyer. She is well-versed in the the corporate and capital market. Her ability to understand a complex situation and manage it with her team is commendable. It gives us comfort as the client.’

 

Kernmandanten

African Refinery Port Harcourt Ltd.


Sector Lead Limited


Transmission Company of Nigeria


Bureau of Public Enterprises


Central Electric and Utilities Ltd.


China Energy Engineering Co. Ltd.


Sakr Power Generation Systems Ltd.


Solar Sisters Enterpreneurs Ltd. Gte.


AG Goldtrust Co. Ltd.


PV-Water International


Highlight-Mandate


  • Advised African Refinery Port Harcourt Ltd. in the $1.67bn 100,000bpd co-location joint venture refinery with the Nigerian National Petroleum Co. Ltd.
  • Advised Sector Lead Consortium on the Rivers State waste-to-energy PPP project.
  • Advised Central Electric & Utilities Consortium in the bid and acquisition process for the sale of the Olorunsogo II Power Plant and Benin (Ihovbor) Generation Co. under the Bureau of Public Enterprises bid process.

DLA Piper Africa, Nigeria (Olajide Oyewole LLP)

DLA Piper Africa, Nigeria (Olajide Oyewole LLP) advises domestic and international clients on a range of energy-related issues. The firm is well-placed to represent both lenders and borrowers in oil and gas-related project financing amongst a range of financial transactions and structures, including acquisition financings, asset-based lending and cross-border investments. The ‘ extremely knowledgeable’ Dayo Idowu leads the team alongside Solape Peters.

Praxisleiter:

Dayo Idowu; Solape Peters


Referenzen

‘To the point, effective and professional legal practitioners. They are our go-to counsel.’

‘Dayo Idowu is extremely knowledgeable, commercially focused, clear and concise. He provides excellent legal services.’

 

Kernmandanten

Samsung Heavy Industries Nigeria Limited


Oando Plc


The Company for Habitat and Housing in Africa


Mainstream Energy Solutions Limited


Mitsubishi Power Europe Limited


Argentil Capital Partners Limited


Powergas Nigeria Limited


Mobile Power Limited


BB Energy Nigeria Limited


First Modular Gas Systems Limited


Lekki Concession Company


Nigerian National Petroleum Company Limited


Lagos State Government


Future Energies Africa Ltd


Lagata Group


Bagaja Renewables Ltd


Cappa & D’alberto Limited


Cambridge LNG


Leonardo S.P.A


Solevo Holding B.V


Equator Exploration Nigeria Ltd


Sapio Utilities Ltd


Federal Mortgage Bank of Nigeria