Olaniwun Ajayi LP

June 1, 2022

COMPLIANCE WITH THE PETROLEUM INDUSTRY ACT: IMPENDING DEADLINES

Since the enactment of the Petroleum Industry Act (PIA), players in the Nigerian oil and gas industry have sought to understand the full scope and extent of their obligations under...

February 11, 2022

Oil and Gas Fast Facts on the Licensing Regime under the PIA

When we released our PIA 2021 Key Highlights Report last year, we promised to unbundle the PIA over time and walk through how it affects players in the oil and...

January 26, 2022

Olaniwun Ajayi Oil and Gas Wrap-up Report 2021

While the world continued to grapple with the effects of the COVID-19 pandemic in 2021 with many companies and even economies focusing on stability and sustainability, the oil and gas...

August 24, 2021

The Petroleum Industry Act 2021 – Key Highlights

On August 16, 2021, the much awaited Petroleum Industry Act (PIA or the Act) 2021 was finally signed into law by President Muhammadu Buhari. It introduces various changes to the...

June 4, 2020

NLNG

Olaniwun Ajayi LP advises Nigeria LNG Limited on its groundbreaking $US 3billion Train 7 Deal

Nigeria LNG Limited, the flagship LNG production company in Africa, recently closed a US$3 billion hybrid financing for the development of its seventh liquefaction train which, upon completion, is expected...

April 29, 2020

Impact on oil prices

COVID -19: Impact on Oil Prices; Implication on the Nigerian Oil Industry

In the wake of the fight against Covid-19, many countries were faced with no other option than to take drastic measures to contain the spread of the deadly virus. Most...

October 21, 2019

Deep Offshore and Inland Basin Production Sharing Contract (Amendment) Bill 2019.

Recently, a bill for an Act to amend the Deep Offshore and Inland Basin Production Sharing Contract Act, (the Bill) passed the third reading at the Senate and currently awaits...

October 17, 2019

Deal Announcement

Olaniwun Ajayi LP is pleased to be acting as adviser to Seplat Petroleum Development Company Plc. (Seplat) on its proposed circa £382 million cash acquisition of the entire issued share...

July 30, 2019

Registration of Drilling Rigs Under the Coastal Inland Shipping Act: Review of the Transocean Decision

The recent decision of the Court of Appeal in Transocean Support Services Nigeria Limited & 3 Ors. v Nigerian Maritime Administration and Safety Agency & Anor1 (Transocean Decision) that an...

June 1, 2022

COMPLIANCE WITH THE PETROLEUM INDUSTRY ACT: IMPENDING DEADLINES

Since the enactment of the Petroleum Industry Act (PIA), players in the Nigerian oil and gas industry have sought to understand the full scope and extent of their obligations under...

February 11, 2022

Oil and Gas Fast Facts on the Licensing Regime under the PIA

When we released our PIA 2021 Key Highlights Report last year, we promised to unbundle the PIA over time and walk through how it affects players in the oil and...

January 26, 2022

Olaniwun Ajayi Oil and Gas Wrap-up Report 2021

While the world continued to grapple with the effects of the COVID-19 pandemic in 2021 with many companies and even economies focusing on stability and sustainability, the oil and gas...

August 24, 2021

The Petroleum Industry Act 2021 – Key Highlights

On August 16, 2021, the much awaited Petroleum Industry Act (PIA or the Act) 2021 was finally signed into law by President Muhammadu Buhari. It introduces various changes to the...

June 4, 2020

NLNG

Olaniwun Ajayi LP advises Nigeria LNG Limited on its groundbreaking $US 3billion Train 7 Deal

Nigeria LNG Limited, the flagship LNG production company in Africa, recently closed a US$3 billion hybrid financing for the development of its seventh liquefaction train which, upon completion, is expected...

April 29, 2020

Impact on oil prices

COVID -19: Impact on Oil Prices; Implication on the Nigerian Oil Industry

In the wake of the fight against Covid-19, many countries were faced with no other option than to take drastic measures to contain the spread of the deadly virus. Most...

October 21, 2019

Deep Offshore and Inland Basin Production Sharing Contract (Amendment) Bill 2019.

Recently, a bill for an Act to amend the Deep Offshore and Inland Basin Production Sharing Contract Act, (the Bill) passed the third reading at the Senate and currently awaits...

October 17, 2019

Deal Announcement

Olaniwun Ajayi LP is pleased to be acting as adviser to Seplat Petroleum Development Company Plc. (Seplat) on its proposed circa £382 million cash acquisition of the entire issued share...

July 30, 2019

Registration of Drilling Rigs Under the Coastal Inland Shipping Act: Review of the Transocean Decision

The recent decision of the Court of Appeal in Transocean Support Services Nigeria Limited & 3 Ors. v Nigerian Maritime Administration and Safety Agency & Anor1 (Transocean Decision) that an...