Oil & Gas

Olaniwun Ajayi LP…very good in oil and Gas - IFLR

Oil & Gas

For a long time, oil was and continues to be the mainstay of the Nigerian economy and despite diversification efforts, it continues to play a very important part in the economy. At Olaniwun Ajayi, we work with clients in the upstream, midstream, and downstream oil & gas sectors, as well as the entire LNG value chain; and marketing, transportation, and logistics.


We engage in disputes, regulatory compliance, competition, state aid rules, infrastructure development, marketing and trading, and M&A transactions for our clients in this sector.


We advised Sterling Oil Exploration and Energy Production Company Ltd (SEEPCO) on its $3.15 billion investment in the development of OML 13 through an alternative financing structure, an innovative funding template which we pioneered.


We were also glad to recently advise Seplat Petroleum Development Company Plc. On its proposed circa £382 million cash acquisition of the entire issued capital of the Aberdeen oil group, Eland Oil and Gas Plc.


Nigerian Oil and Gas Review 2018

This Review is the second in our series and this year we would be looking at major, industry wide events across the Nigerian Oil and Gas Industry (the Industry) in 2018. 2018 was an improvement on 2017 in terms of investment and regulatory activities in the Industry. You will observe as you go through the Review, that some of the major highlights of 2018 include the passage of the PIGB by the Senate and its presentation to President Muhammadu Buhari for assent; the NLNGs Train 7 development and financing which has finally kicked off and the NNPC’s 7 Critical Gas Development Projects (7CGDPs).
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