The Oil, Gas and Energy Resources Team covers the environment and provides legal support for companies involved in the exploration and production of energy resources. Our Oil & Gas practice handles all aspects of oil, gas and energy resource matters, which include licensing exploration rights, transportation and storage, advice on farm in/farm-out arrangements and financing, advice on leases and Production Sharing Contracts (PSC) and environmental issues.
A&O‘s industry knowledge of the legal and regulatory framework of the oil and gas industry is arguably unsurpassed in Nigeria. Consequently its significant involvement with a number of North American, British, French and Italian corporations in transactions ranging from the acquisition and assignment of Oil Mining Leases to some of the largest projects undertaken in the sector. Ajumogobia & Okeke acted as counsel to the International Finance Corporation, and other international lending institutions in connection with a number of projects in Nigeria is of significant advantage.
The firm has acted in oil pollution actions and is lead defense counsel in the largest oil spill litigation in Nigeria, a multiple, multi-party action against a leading production oil multi-national.
Our energy lawyers also offer expertise in the extensive area covered by “upstream” and “down-stream sectors” of oil and gas projects, the acquisition and disposal of interests in oil and gas fields and marginal fields and other concessions, advisory work in the privatization and project financing of corporations in this area has provided an invaluable understanding of the entire sector.
We recently advised promoters in Nigeria’s first Independent Power Project delivered with distribution infrastructure. A&O were transaction advisers from documentation to implementation. We are retained by leading power and alternate energy interests.
Members of the firm consult on extractive industry performance and policy including the on-going petroleum industry reforms.