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Akindeji Oyebode

Banwo & Ighodalo

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Position: Partner and Team Lead, Energy and Natural Resources Practice Group
Rating:
  • Rising star partner
Bar Admissions:
Nigeria
Practice Areas:
Project finance
Project development
Jurisdictions:
Languages:
English
Biography

Akindeji is motivated cerebral and innovative lawyer. He has garnered over a decade’s experience working on highly complex energy transactions; he also has considerable experience in project finance transactions.

Recent transactional highlights
  • Advising the Renaissance consortium in connection with the acquisition of the entirety of the shareholding in The Shell Petroleum Development Company of Nigeria Limited (“SPDC”).

  • Co-leading the team providing legal advisory services to the financiers of Chappal Energy’s acquisition of 100% shares in Equinor Nigeria Energy Company Limited. Equinor Nigeria Energy Company Limited holds significant participating interests in Oil Mining Leases (“OMLs”) 128 and 129 in Nigeria.

  • Advised the Bureau of Public Enterprises in connection with the World Bank’s disbursement of US$500,000,000.00 (Five Hundred Million Dollars) for the funding of the Distribution Sector Recovery Programme (“DISREP”).

  • Advising the Northern Nigeria Renewable Energy Company Limited on the development of a 2000MW Solar Power Project in Nigeria.

  • Advised a syndicate of international banks, global investment funds, and financial institutions, including Standard Chartered Bank, ABSA Bank Limited and the African Export-Import Bank in connection with the US$1,100,000,000 facility advanced to TNOG Oil and Gas Limited and TNOG Pipelines Limited (affiliates of Heirs Holdings and Transcorp Plc), for the acquisition of 45% participating interest in OML 17 from SPDC, TotalEnergies EP Nigeria Limited (“TotalEnergies”), and Nigerian Agip Oil Company Limited (“NAOC”).

  • Advised Dangote Fertilizers Limited (“DFL”) in connection with a gas supply arrangement with the SPDC Joint Venture (comprising the Nigerian National Petroleum Company Limited, SPDC, TotalEnergies and NAOC) and the Gas Aggregation Company of Nigeria.

  • Advised ANOH Gas Processing Company Limited (an affiliate of Seplat Petroleum Development Company Plc) in connection with the conceptualisation, structuring, development and construction of a proposed US$500,000,000 gas processing plant.
Practice areas
  • Asset finance
  • M&A
  • Project development
  • Project finance
Sector specialisations
  • Energy
  • Natural resources
  • Oil and gas
Bar admissions
  • Nigeria
  • New York
Academic qualifications
  • LLB, University of Lagos (2007)
  • BL, Nigerian Law School (2008)
  • LLM, University of Pennsylvania  (2011)
Address:
Lagos
Tel:+234 9060003561-2; 8050875883; 8092714452; 9020524921 Email:Contact this practitioner Website:http://www.banwo-ighodalo.com