We render legal services to local and foreign clients in the Energy, Natural Resources and allied services industry. We have particular expertise in the areas of project finance, compliance procedures, community relations and environmental protection. Members of our Partnership have advised foreign lawyers and operators in the industry in several transactions in these areas.
These include:
i. Participating in the legal team representing Mobil Producing Nigeria Unlimited in its multi-billion dollar Osso Condensate Field Development Project financed by an International Consortium of Lenders led by the International Finance Corporation (IFC), the Exim Bank of the United States and the Japanese Import Export Bank.
ii. Participating in the review of the power purchase agreement for electricity generating facilities in Lagos between Enron, Lagos State Government, NEPA and the Federal Government on behalf of the Nigerian Council on Privatisation and BPE and the formulation and preparation of a new agreement.
iii. Participation in the legal team that advised and participated in the preparation of the security documentation for a multi-million dollar finance package of the Allax Oil Exploration Group of Switzerland arranged by lenders from the Republic of Ireland for its Nigerian oil exploration and production operations.
iv. Carrying out the documentation for the streamlining of Nigerian operating companies arising from the international merger of ABB Loans Global, Luminus Crest and ABB Randau Corporation of the Netherlands and United States respectively.
v. Principal Legal Adviser to Bredero Price Holdings BV of the Netherlands in its acquisition of the minority interests of Nigerians in the Nigerian subsidiary of this pipe-coating multinational to make the Nigerian company a wholly owned subsidiary.
vi. Principal Legal Adviser to Tropical Mines Ltd in relation to the joint venture with the Federal Government and a foreign company for the exploitation of the Gold mine at Iperin-Odo, Ilesha, Osun State.
vii. Negotiating and drafting the MOU between ERHC and Pioneer Natural Resources Corporation for Joint participation in the Nigeria Sao Tome Principe JDZ. ERHC is an American company with substantial Nigerian shareholding.
viii. Negotiating and drafting the MOU, PSC and JV between Noble Energy Corporation, Devon Energy Corporation and Chrome Oil ltd.
ix Principal Legal Adviser to African Petroleum Plc in respect of the formation and incorporation of three joint-venture subsidiaries with foreign partners under the STAR OILFIELD brand name.
x Principal Legal Adviser to the International Finance Corporation in the Shell and
International Finance Corporation - USD30,000,000 Niger Delta Contractor
Credit Facility
xi Consultant to Perchstone & Graeys - Legal Advisers to Nigeria LNG Limited
(NLNG) for Club of Nigerian Arranger Banks on Nigeria LNG Plus
USD200,000,000.00 (NLNGPLUS) Project Plant Financing.
Members of the Consortium are quite involved in this area and represent several oil field services, oil exploration, oil marketing companies and energy producing and regulatory bodies in the area of environmental and commercial matters and financial transactions. Some of these companies and bodies are Texaco Nigeria Plc, African Petroleum Plc, Optimum Petroleum Development Company Ltd., ABB Oil & Gas Nigeria Ltd., Mobil, NEPA, Bredero Price and Lordmart Nigeria Ltd.
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