OIL LICENSING REGIME UNDER THE PETROLEUM INDUSTRY ACT 2021 (PART 1): PETROLEUM EXPLORATION LICENCE

INTRODUCTION Prior to the Effective Date of the Petroleum Industry Act, 2021 (“PIA”), oil exploration and exploitation activities in Nigeria was governed mainly by the Petroleum Act, 1969 (“PA”) which was the principal legislation governing the oil and gas sector.

EMZ Partners and Aspire Education Group acquire WEKA Group’s Education Division

Niederer Kraft Frey advised private equity firm EMZ Partners (EMZ) and its portfolio company Aspire Education Group,

Karanović & Partners Advises Axpo on the First-Ever Market Terms Renewables Power Purchase Agreement in Serbia

Axpo Group has signed a long-term power purchase agreement (PPA) for renewable energy, the very first one concluded on market terms for the offtake of electric energy produced from renewables in Serbia.

Aircraft Lease Agreements Signed Between GAT Aircraft and Engine Leasing Limited and Air Albania

CR Partners in cooperation with Karanović & Partners have advised GAT Aircraft and Engine Leasing Limited regarding the aircraft lease agreements the company signed along with Air Albania shpk.

Croatia Extends Concession to Bina-Istra to Finalize the Construction of Istrian Y Motorway

On 10 May, the Croatian government signed an amendment to the concession agreement with the concessionaire Bina-Istra d.d. to finalize the construction of the Istrian Y motorway.

CKB Bank Signs Project Financing Agreement for Kotor – Lovćen Cable Car

CKB Bank, a member of OTP Group, has recently signed a project financing agreement for the construction of the first cable car in Montenegro,

Schoenherr advises Enery on signing long-term virtual power purchase agreement for renewable energy with Ursus Breweries

Schoenherr advised Enery on signing a multi-year virtual power purchase agreement (VPPA) with Ursus Breweries, part of Asahi Europe & International, to provide green energy and guarantees of origin for the production at their brewing facilities in Romania.

Dentons Link Legal acted as the Legal Counsel for IPO of Yatharth Hospital & Trauma Care Services

Dentons Link Legal acted as the Legal counsel to Intensive Fiscal Services Private Limited,

GÖRG berät Schülerhilfe bei Refinanzierung

GÖRG Partnerschaft von Rechtsanwälten mbB hat die Schülerhilfe, eine Marke der ZGS Bildungs-GmbH mit Sitz in Gelsenkirchen,

Argus Partners advises an entity forming part of the Conscient Group on its purchase of industrial building and land from Benetton India.

We are pleased to share that Argus Partners has advised an entity forming part of the Conscient Group pertaining to the purchase of industrial building and land measuring 6.6 acres in Gurugram from Benetton India.