This group handles all the maritime/admiralty, mining, oil and gas briefs for the firm. It is
on record that this group gives a full range of service on exploration, field development,
production, transportation and trading of gas, crude oil, refined and finished products
which include drafting/review of Production Sharing Agreements (PSC), Joint Venture
Partnerships (JV's), Farm-in Agreements, advice on acquisition of requisite permits and
licenses from Department of Petroleum Resources (DPR), Nigerian Content Development and
Monitoring Board (NCDMB), NNPC, and other government bodies/parastatals charged with the
regulation of the oil industry in Nigeria.
Recently, the firm advised an indigenous gas company on spot allocation of gas from
Nigeria Liquefied Natural Gas (NLNG) including the Terminal Use Agreement; Gas Sales
Agreement (GSA) and the Logistics Agreement.
BD&C has also reviewed agreements for the provision of 3D seismic surveys, lease agreements
for oil rigs, purchase agreement for gas scrubbing plant. Members of this group have also at
various times been part of consortiums that have advised, raised funds for development of
some oilfields and related projects. Presently, we are legal advisers to consultants working
on a Thirty Million Dollars ($30,000,000.00) project with the Pipelines and Petroleum
Marketing Company (PPMC).
BD&C represented an indigenous Client who invested in a marginal field to drill four wells
and recoup its investment by operating the field. Our Client completed drilling of the wells
and major disputes broke out. The team successfully resolved the matter in which our Client
was fully compensated for the breach.