The firm’s Oil and Gas Practice provides legal support to companies involved in the exploration and production of hydrocarbons. A&O handles all aspects of oil and gas resource matters, which include licensing exploration rights, transportation and storage, advice on farm in/farm-out arrangements and financing, and advice on leases and Production Sharing Contracts (PSC).
The firm’s knowledge of the legal and regulatory framework of the oil and gas industry is arguably unsurpassed in Nigeria. Hence, its involvement with a number of North American, British, French, Dutch 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. A&O acted as counsel to the International Finance Corporation and other international lending institutions in connection with a number of projects in Nigeria of considerable significance.
The firm acts 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 oil producing multi-national.
We 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, marginal fields and other concessions, as well as advisory and transaction structuring work in the project financing of petroleum investments.
Members of the firm consult on extractive industry performance and policy including the on-going petroleum industry reforms.