Oil and Gas

The oil and gas industry is one of Crestle Zanders’ core focus areas and one in which its lawyers maintain remarkably deep insight. Our lawyers are more than just legal advisers insofar as the oil and gas industry is concerned.

With specialist academic trainings and exposure to cutting-edge thinking and transactions in the industry, our lawyers understand the strategic issues that drive commercial and investments decisions in the oil and gas industry – an advantage that enables them to advise governments, corporations and lenders on corporate, commercial, finance and legislative/regulatory issues at all the stages of the life cycle of oil and gas investments: from framework arrangements with host states, joint ventures and strategic alliances, to divestment and acquisition of assets, through to the commercial and financing arrangements that effectuate exploration, engineering and construction, production and marketing activities.

Key members of our team have advised on cross-border and complex oil and gas transactions in over 22 countries in Africa, including Nigeria. With respect to Nigeria, they have advised extensively on giant and marginal field assets licensing, acquisitions and divestments, including in relation to obtaining the necessary regulatory consents and interfacing with the Department of Petroleum Resources (DPR) on regulatory matters.

Generally, our Nigeria and wider-Africa oil and gas team advises major IOCs and junior oil and gas companies (independents) on:

  • Bidding and application for awards, licences, permits, and titles
  • Contractual arrangements relating to exploration, development, production, sales and marketing activities.
  • Joint studies and bidding, area of mutual interest agreements, joint ventures, joint operating agreements, strategic alliances, farm-in/ farm-outs, unitisation and tie-ins.
  • Licensing and authorisations, including production sharing agreements, risk and non-risk service agreements
  • Service agreements, royalty, off-take and lifting, reserve-based lending, pipeline and transportation, infrastructure agreements and decommissioning arrangements and guarantees.
  • Entity formation and transaction structuring
  • Mergers and acquisitions, consolidation of interests, and divestment of assets and corporate entities.
  • Legislative and regulatory matters