The West African Law Network

 

 

 

 

 

 

 

 

 

 

 

 

 

OIL & GAS AND MINERAL LAW

During the oil boom era of the 1970s, the firm advised upon the establishment and operation of upstream E & P companies, which were deployed by multinational parent organizations as corporate vehicles for entry into the local producing Joint-Venture arrangements with the Nigerian Government through the Nigerian National Petroleum Corporation (NNPC).

Over the last two decades, by virtue of its representation of additional multinational E & P corporations offshore, the firm has assisted in the establishment of a good number of local corporations involved in lucrative modern Production Sharing Contract arrangements with the Nigerian Government and/or indigenous E & P companies geared towards the exploitation and development of the vast mineral oil deposits and gas reserves located in the deep and shallow offshore regions of the Niger-Delta basin within the West African sub-region. The firm continues to fully service the needs of the multinationals and their local subsidiaries and provide comprehensive legal representation with regard to the full spectrum of corporate activities and requirements both within and outside Nigeria.

Service Industry clientele include U.S, European and Asian (particularly Japanese) corporations conducting worldwide operations, specializing in both upstream and downstream service skills and disciplines.

New areas of practice in which the firm is currently making appreciable headway include upstream Gas Liquefaction and/or Utilization Projects (LNG, LPG, Methane, Butanisation, etc.), the downstream Gas Supply and Distribution arrangements, the Petroleum products marketing sub-sector (downstream), which is currently the subject of a detailed privatization and/or commercialization arrangement being conducted by the Nigerian Government and the provision of specialist legal services in connection with competitive (or selective) bidding processes for the allocation of fresh oil acreages in Nigeria's deep offshore/Exclusive Economic Zone (EEZ).

back

 

 

 
© F.O Akinrele & Co. All Rights Reserved. Powered by Tavia Technologies Ltd