As a focal industry in the Nigerian economy, all operations within the Nigerian Oil and Gas Industry from exploitation to consumption, including potential environmental impacts are closely and keenly regulated by various supervisory bodies. At the core of these operations are complex contractual arrangements facilitating the movement of oil and gas from on-shore and off-shore reserves down the value chain to end-users.
At Tope Adebayo LP, we leverage decades of extensive experience servicing various industry players in multiple-high investment transactions, enabling us navigate complex arrangements and devise effective strategies to protect our clients’ interests and optimize returns on their investments.
Transaction Highlight
- Currently advising an E&P company on the various legal issues arising from an ongoing dispute with its international affiliate in respect of a proposed takeover. Our role also includes providing supervisory and coordinating oversight on all strategies being implemented by the legal team of local counsel.
- Representing an oil and gas E&P company in respect of tax claims by the Federal Inland Revenue Service (FIRS) over pioneer status granted by the Nigerian Investment Promotion Commission (NIPC) at the Tax Appeal Tribunal and in negotiations with the FIRS.
- Currently advising an independent oil and gas company quoted on the London Stock Exchange through the process of marginal field award and project finance.
Related Insights
- Insights, Oil and Gas
Under the old regime of the Petroleum Act 1969 (PA), upon the grant of an Oil Exploration Licence (OEL) and subsequent discovery of hydrocarbon within
- Insights, Oil and Gas
The Nigerian petroleum sector is a heavily regulated industry with unique laws and regulations to guide both government and key players in their respective operations.
