Damilola Oshodi is a Senior Associate in the Firm’s Energy & Natural Resources practice group. She holds a Bachelor of Laws from the University of Lagos and is admitted to practise law in Nigeria.
She has extensive hands-on experience in advising a diverse range of clients, including project sponsors and developers, development finance institutions, oil and gas exploration and production companies and gas distribution companies, on energy infrastructure projects, project documentation, commissioning and decommissioning, and the acquisition and divestment of oil and gas assets.
A Selection of Relevant Experiences
- Acted for Sojitz Construction on the acquisition of 25% interest in Glover Gas and Power B.V. The depth of engagement of that transaction involved conducting extensive risk identification and evaluation during the due diligence phase, assessing and opining on the impact of the Petroleum Industry Act on existing revenue generating agreements including the franchising and exclusivity philosophy, pricing methodology and price re-opener provisions.
- Advising a French international oil company on the divestment of its onshore and shallow water assets in Nigeria.
- Advised a Namibian upstream asset holder regarding its divestment of an interest in its upstream asset, offshore Namibia.
- Advising a Nigerian indigenous midstream company on the acquisition of interests in a major gas distribution company in Nigeria.
- Advised the shareholders of Eterna Oil Plc on the divestment of majority interests to Preline Limited, a special purpose vehicle of Rainoil Limited, a leading petroleum motor spirit distributor.
- Advised Midwestern Oil and Gas Limited in connection with the proposed reverse takeover of majority shares in San Leon Energy Plc.
- Advised the lenders and the project sponsors on both the US$320 million debt facility to ANOH Gas Processing Company Limited (AGPC) (a subsidiary of Seplat and NNPC); and the project development of the greenfield 300mmscfd Assa North/Ohaji South Gas (ANOH) Project
- Advising UTM on the ongoing development and financing of a floating liquified natural gas facility in Nigeria. Advised on the most appropriate project structure, licensing requirements, applicable procedures and timelines, including the drafting and negotiation of Pre-Feed and FEED Contracts.
- Advised the project sponsor on the development and financing of a modular steam granulated NPK fertiliser plant located within a free trade zone.
- Advising the proposed concessionaire on the development, construction and / or rehabilitation of downstream petroleum infrastructure through a design, finance, build, operate, maintain and transfer model.
- Advised a power generation and infrastructure development company on the offtake of gas for the operations of its power plant, and supply of power to identified users. The transaction is peculiar for being one involving a blend of elements typically found under a regulated pricing regime, as well as contracting philosophies applicable in commercially driven contracts.
Professional Memberships
Nigerian Bar Association
