TEMPLARS Advises on African Deal of the Year

The award was bestowed by Project Finance International (PFI), following Heirs Holdings’ $1.1 billion acquisition of a 45% participating interest in Nigerian oil license OML 17 and related assets, from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited, and ENI in 2021. See TEMPLARS involvement here.

The TEMPLARS team was led by Yemisi Awonuga (Partner, Energy and Projects), who was assisted by Managing Counsel, Modupe Dabiri (Finance and Energy & Projects). Additional support was provided by Chike Obianwu (Partner and Head of Finance Practice Group) and Dipo Komolafe (Head of Tax Practice). Other team members included; Senior Associate Ojonugwa Ichaba and Associates; Ojuolape Kalesanwo and Uba Emole.

The most prestigious event in the global financial industry, the PFI Awards, is organised by Project Finance International (PFI), a leading source in global project finance reporting, that covers all the major sectors including; power, oil & gas, transportation, infrastructure and mining.