Being resilient is the key for this sector and the need to rethink strategy, optimize efficiencies across the value chain and strengthen balance sheets is gathering pace as more stringent environmental regulations, geopolitical risk, disputes, and market disruption are increasing. At Claritas LP, we are equipped with the dynamics of Oil and Gas, and the renewable sector, our vast experiences enable us to provide well inform legal advisory to players both in the upstream and the downstream sector of the industry.
Claritas Energy Team (CET) is designed to meet the changing needs of all aspects of Oil and Gas, the renewable energy sector (electricity generation, energy trading, electricity transmission and gas transportation, electricity, and gas distribution, and supply), and issues surrounding physical damage and liability from upstream and downstream operations and the practices, risks and outside influences that affect energy contractors. We assist investors in obtaining necessary permits and licenses such as Oil Prospecting Licenses (OPL), Oil Mining Lease (OML), and Marginal Field Licenses to ensure compliance with the regulatory frameworks for the Oil and Gas sector in Nigeria. We also engage in the drafting of contracts specific to the Oil and Gas sector such as Production Sharing Contracts (PSCs), also Joint Venture Agreements, and Farm-Out Agreements.
Our Energy and Natural Resource law practice is driven by a genuine understanding of key business technology and processes and is particularly adept in energy regulation, commercial transactions, major projects, corporate finance, environmental, arbitration, and alternative dispute resolution. We act for several companies, financial institutions, and government departments, involved in this sector. We offer an unparalleled understanding of Nigeria’s petroleum resource mining and the underlying legal intricacies that may support projects in this sector for long-term prosperity.