Author archive for Advocaat Law Practice

A joint venture made up of Italian oil services group namely; Saipem, Japans Chiyoda Corp and Koreas Daewoo E&C has…

The Africa Finance Corporation, (AFC) has signed a $35 million debt facility agreement with Waltersmith Refining and Petrochemical Company Limited,…

Shell is presently in discussion with Heirs Holding Limited with respect to the sale of its interests in Oil Mining…

Petróleo Brasileiro SA is set to sell its stake in Nigerian Oil and Gas Assets for USD$1.3 billion to a…

The Nigerian Conglomorate, Dangote has executed a seven-year term USD$650 million loan facility with African Export-Import Bank (Afrexim bank) for…

The Nigerian Electricity Regulatory Commission (NERC) has issued the Competitive Procurement Regulation which provides that applications for licenses to generate…

China National Offshore Oil Corporation (CNOOC) is set to invest $3billion in its existing stakes in offshore oil and gas…

The Association of Power Generation Companies (APGC) recently announced that the Generation Companies (Gencos) have signed 9 Power Purchase Agreements…

The Federal Government of Nigeria has signed a Memorandum of Understanding with the East China Meteorological Institute to provide funding…

The Nigerian Electricity Regulatory Commission (NERC) has reported that 20 Generation companies do not have active Power Purchase Agreements and…