We summarise the key events from 2023 in Nigeria’s energy sector – a year that saw the start of a new presidency and the end of the fuel subsidy. There was considerable M&A activity, significant legal developments and court...more
On 16 February 2023, the Association of International Energy Negotiators (“AIEN”, formerly the Association of International Petroleum Negotiators or AIPN) published an updated version of its model form joint operating...more
3/3/2023
/ Anti-Bribery ,
Anti-Corruption ,
Decommissioned Facilities ,
Economic Sanctions ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
Human Rights ,
International Energy Agency (IEA) ,
Joint Operating Agreement ,
Jurisdiction ,
Oil & Gas
We review the key events of 2022 in Nigeria’s energy sector – a year that saw significant steps in the implementation of PIA, intermittent M&A activity and the continuing effects of crude theft. We also consider what we can...more
1/26/2023
/ Acquisitions ,
Algeria ,
Audits ,
Energy Efficiency ,
Energy Sector ,
EU ,
Mergers ,
Natural Gas ,
Nigeria ,
Pipelines ,
Royalties ,
Ukraine
Spot trading of oil is often done at speed and over the phone, with confirmatory written terms arriving after the sale. The practice has inherent legal risk – the terms of the deal may be uncertain and incomplete. In Addax...more
We review what happened in Nigeria’s upstream petroleum sector during the previous year – a year that saw a new marginal field bid round, an oil price crash and the onset of a terrible global pandemic. We also consider what...more