Energy & Natural Resources

Navigating the Energy Landscape with Legal Precision

At Niji Oni & Co., we recognize the profound impact of the energy industry in driving the growth and sustainability of Nigeria’s economy. As a nation endowed with abundant natural resources, Nigeria stands at the forefront of energy development, striving for efficiency, innovation, and sustainability in this vital sector.

Our law firm takes great pride in being a trusted legal partner to stakeholders within the Nigerian energy landscape. With a deep understanding of the complexities and evolving dynamics of the energy sector, we are committed to providing expert legal guidance and solutions tailored to meet the unique challenges and opportunities present in Nigeria’s energy industry.

The energy sector in Nigeria is multifaceted, encompassing oil and gas, renewable energy, power, mining, and related areas. Each of these sub-sectors demands a nuanced legal approach to navigate the intricate regulatory frameworks, compliance standards, investment opportunities, and technological advancements.

Our team of seasoned energy law experts possesses the knowledge, experience, and determination required to address these complexities effectively. Through our dedication, legal acumen, and unwavering commitment to excellence, we stand ready to support and guide you through the intricate legal landscape of Nigeria’s energy industry. Together, let’s power the future and drive sustainable growth in this transformative sector.

Nigeria’s energy sector has, in recent years, undergone a concerted shift toward increased private sector involvement by targeting policies that govern the electricity market and its regulation. Nigeria, as one of the largest economies on the continent, has a substantial installed generation capacity of more than 13.5 GW. Compared to the country’s peak demand of 8.25 GW, generation should be able to adequately address the national demand. Yet in 2019 the available capacity only amounted to 3.7 GW.

The oil and gas industry is one of the largest sectors in the world in terms of dollar value, generating an estimated $5 trillion in global revenue as of 2022. Oil is crucial to the global economic framework, impacting everything from transportation to heating & electricity to industrial production & manufacturing. The oil and gas industry is broken down into three segments: upstream, midstream, and downstream.

Upstream, or exploration and production (E&P) companies, find reservoirs and drill oil and gas wells.
Midstream companies are responsible for transportation from the wells to refineries and downstream companies are responsible for refining and the sale of the finished products.

Niji Oni & Co. constantly engages in proffering legal advice in upstream, midstream, and downstream sectors in the Oil and Gas industry. We are conversant with the drafting and negotiation of goods-supply syndicate contracts, and we provide tailor-made advice on oil and gas servicing agreements as well as the various regulatory issues affecting the oil and gas industry.

Advisory Services:

Represented lender on a $125,000,000+ refinancing of various credit facilities for a multinational manufacturer with assets located across Canada and in the United States.

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