Case Details Summary
- Category
- Commercials
- Industry
- Oil & Gas
- Practice Areas
- Corporate & Commercial / Energy / Environment
- Client
- Preslyn Resources Limited
- Project
- Call Out Contract for Dredging / Sweeping of Awoba Northwest C Oil Wells, OML 24 Fields — NNPC Ltd / Newcross E&P JV
- Project Value
- Over ₦2 billion
- Period
- 2024–2025
- Key Result
- Project execution supported through proactive contractual, regulatory and community-risk management.
Overview
ECOLAW FIRM acted as Solicitor to the contract awardee in connection with the dredging and sweeping of the Awoba Northwest C Oil Wells within the OML 24 fields.
The project formed part of the NNPC Ltd / Newcross E&P JV and had a value exceeding ₦2 billion.
The Challenge
Successful execution depended on more than the commercial contract itself. The project involved specialist marine and heavy equipment arrangements, regulatory obligations, HSE exposure, and engagement with host communities.
The legal framework therefore needed to address both commercial delivery and the operational risks surrounding project execution.
ECOLAW Firm’s Role
ECOLAW FIRM advised on:
- Contract negotiation and execution
- Dredger hire agreements
- Swamp buggy hire agreements
- Tugboat and barge agreements
- General equipment hire agreements
- Employee orientation on contractual obligations
- HSE liabilities
- Regulatory compliance
- Host-community and stakeholder engagement
- Freedom to Operate arrangements
Outcome
The contract was successfully executed, culminating in the timely arrival and siting of the drilling rig at the Awoba location, while community and regulatory issues were proactively managed.
