We offer deep knowledge and experience of the Nigerian Electricity Supply Industry, as well as detailed knowledge of the oil and gas and public utility industries. Having provided advice and support to federal and state policy makers, regulators, government owned companies, project developers and other investors in the industries, we have acquired a 360-degree view of the issues.
Our team continues to design and help implement bankable structures that appropriately mitigate and or allocate risk.
Highlights of our experience
Oil & Gas
We have represented clients in the oil & gas industry for more than a decade. As lawyers to local and multinational operators in the upstream, midstream and downstream sectors of the industry, we use our experience to guide a range of clients including –
- an indigenous E&P company, on farm-in arrangements and the Joint Operating Agreement for the development of its offshore gas field, and offtake agreements for the gas produced;
- an indigenous E&P company, on the acquisition of a majority stake and operatorship in a petroleum concession;
- an indigenous E&P company, on the disposal of 50% of its participating interest in a petroleum concession;
- a privately held E&P operator and oilfield service provider, on several oil and gas development projects, including a risk service contract to develop, finance and operate an oil field within an existing oil mining lease;
- Nigeria’s premier LNG producing company, on tax and related fiscal matters impacting its operations;
- the Nigerian subsidiaries of the world’s leading provider of technology for reservoir characterisation, drilling, production, and processing to the oil and gas industry, on sundry corporate matters;
- one of sub-Saharan Africa’s leading integrated energy groups, on its downstream operations;
- several multinational companies on the impact of the Nigerian Oil and Gas Industry Content Development (Local Content) Act; and
- a UK Department for International Development funded donor project that supports policy initiatives for transformation and reform of the oil and gas sector, including support on a detailed technical analysis of key provisions of the Petroleum Industry Bill and the implementation of beneficial ownership disclosure regime for operators in Nigeria’s extractive industry sector.
Our power sector team has provided legal and regulatory support on all aspects of electricity projects. Our services range from licensing and permitting, through preparation of engineering, procurement and construction and operation and maintenance contracts, and negotiation of agreements on inter-connection, fuel supply and power sales, through financing to post-commencement operations. Our industry experience includes acting as counsel to:
- sponsor of a 275 MW IPP in Lagos State;
- sponsor/developer of a 495 MW IPP, including the associated sub-station and transmission facilities in south east Nigeria;
- owner and operator of 40+ MW of embedded generation and off-grid power plants, and 100+ kms of distribution infrastructure;
- the Niger Delta Power Holding Company Limited (“NDPHC”), on licensing of 7 of its 10 power plants (with a total capacity in excess of 2,750 MW), deployment of solar home lighting systems to rural communities across Nigeria, and sundry matters;
- the Nigerian subsidiary of the top global cement companies on its 90MW dual-fuel IPP;
- the Nigerian Electricity Regulatory Commission, on various regulatory matters, including its review of its proposal for a regulatory framework for licensing Independent transmission networks;
- Nigeria’s leading emergency power supply and rental company, with a fleet capacity in excess of 90MW;
- the Federal Government of Nigeria (through NDPHC and the Bureau of Public Enterprises), on transaction structuring and implementation support for the privatisation of the 10 power plants of the National Integrated Power Projects; and
- two consortiums on the acquisition of core investor interests in power generation and distribution companies under the privatisation exercise of the Federal Government of Nigeria.
We advised –
- a fixed wireless telecommunications operator on permitting, network deployment and operations;
- a state government in Nigeria on its public- private partnership programme to grant water distribution concessions to private companies;
- a state government in Nigeria on the World Bank Urban Water sector reform, rehabilitation of water production facilities and review of draft enabling legislation for private sector participation in the sector;
- a bidder for a concession to operate and manage the urban water systems in one the states in Nigeria; and
- a telecommunications company focused on extending critical ICT services to underserved rural communities in Africa, on the deployment of a solar powered cellular network to serve rural communities in Nigeria.