A CONSIDERATION OF THE AMENDMENTS TO THE DEEP OFFSHORE AND INLAND BASIN PRODUCTION SHARING CONTRACT ACT
INTRODUCTION 1.1. On the 4th of November, 2019, President Muhammadu Buhari signed the Deep Offshore and Inland Basin Production Sharing Contract (PSC) Amendment Bill into law.
Introduction So, we’ve all heard about the trending Finance Act, 2020 (the “Act”) signed into law by President Muhammadu Buhari on Monday 13th January, 2020.
THE CONCEPT OF DEEMED APPROVAL IN THE OIL & GAS INDUSTRY
The Nigerian petroleum sector is a heavily regulated industry with unique laws and regulations to guide both government and key players in their respective operations.
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.