News

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March, 2015

Policy Dialogue on Implications of the Falling Oil Price on Policy for Nigeria

Chief Consultant, ‘Gbite Adeniji was a panel speaker at an event jointly hosted by the Center for Public Policy Alternatives (CPPA) and the Nigeria Natural Resource Charter (NNRA) tagged “Policy Dialogue on Implications of the Falling Oil Price on Policy for Nigeria.” The event, which held on March 10, 2015, brought together leading industry experts and stakeholders to discuss the impact of the falling oil prices on Nigeria’s oil industry and Nigeria’s macroeconomics.

CPPA is an independent, non-partisan public policy think-tank that is committed to rigorous research to support development initiatives and improve governance. NNRA is the Nigerian arm of the Natural Resource Charter – a global initiative that aims to support governments and societies of resource-rich countries harness the economic opportunities of extractive industries.

‘Gbite serves on the Expert Panel of the NNRA and on the Advisory Board on Energy at the CPPA.


Published on March 13, 2015

1


March, 2015

ADVISORY’s ‘Gbite Adeniji Appointed Expert Member on CPPA’s Advisory Board on Energy

Chief Consultant, ‘Gbite Adeniji has been invited to serve as an expert on the Advisory Board on Energy at the Center for Public Policy Alternatives (CPPA). CPPA is an independent, non-partisan public policy think-tank that is committed to rigorous research to support development initiatives and improve governance. As an expert member, ‘Gbite will participate in policy dialogues, develop potential approaches to policy challenges and provide input on draft policy briefs generated from policy dialogues.


Published on March 1, 2015

13


February, 2015

‘Gbite Adeniji on “The Policy Council”

Watch ‘Gbite Adeniji speak about energy and natural resources law and policy on The Policy Council – a television show hosted by Mr. Opeyemi Agbaje that focuses on the economy and policy issues. The show was aired in July 2013.


Published on February 13, 2015

23


January, 2015

ADVISORY welcomes New Lawyers

Advisory Legal Consultants is pleased to welcome two outstanding lawyers to our growing team of specialist consultants: John St. Claret Ezeani, and Olajumoke Arowolo.

John St. Claret Ezeani brings over 25 years of experience advising the private sector, the Government of Nigeria and multilateral institutions on infrastructure development, strategic policy formulation, international investment law and energy law. He was formerly a consultant with DFID advising on infrastructure development, public-private partnerships and oil and gas sector policy. John also joins the firm as Of Counsel and will provide project development support to clients. Read more about John and his practice here.

Olajumoke Arowolo is a seasoned transactional and commercial practice lawyer with a practice focus on energy and infrastructure finance, mergers and acquisitions and capital markets. Prior to joining ADVISORY, she was an Associate with a leading commercial law firm where she advised clients on several complex financing transactions. She joins the Firm as a Consultant within the Energy and Infrastructure Finance Practice. Read more about Olajumoke and her practice here.

We are proud to be able to welcome these skilled professionals in our legal team and are confident about the value addition that they will bring to our clients.


Published on January 23, 2015

21


August, 2014

ADVISORY Advises ConocoPhillips on its US$1.5bn Sale of its Nigerian Business and its Exit from Brass LNG

ADVISORY Legal Consultants is pleased to announce the successful closing of the US$1.5bn sale by ConocoPhillips of its Nigerian upstream oil and gas business to Oando Energy Resources. The firm advised ConocoPhillips on this transaction. Oando will own all the issued share capital in the following ConocoPhillips subsidiaries: Phillips Oil Company Nigeria Limited, Conoco Exploration and Production Nigeria Limited and Phillips Deepwater Exploration Nigeria Limited. Collectively, these subsidiaries hold a 20% non-operating interest in OMLs 60, 61, 62, 63; a 95% operating interest in OML 131 located 70 km offshore; and a 20% non-operating interest in OPL 214 (now OML 145) located 110 km offshore. As required by the Petroleum Act of 1969, the transaction received the consent of the Honourable Minister of Petroleum Resources in June 2014.

The firm also advised ConocoPhillips on its exit from Brass LNG Limited, the developer of the 10 mtpa Brass LNG plant in Bayelsa State, Nigeria. ADVISORY continues to provide cutting-edge legal support to clients involved in acquisitions and divestments within the Nigerian oil and gas industry.


Published on August 21, 2014

Providing bespoke transactional, regulatory and legal advisory services to businesses and projects in Nigeria’s energy, resources and infrastructure sectors.

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