Case Details Summary
- Category
- Commercials
- Industry
- Oil & Gas
- Practice Areas
- Corporate & Commercial / Regulatory / Environment
- Client
- Preslyn Resources Limited
- Project
- Dredging and Sweeping of Oil Wells 20 & 39, Ekulama, Rivers State — NNPC Ltd / Newcross E&P JV
- Project Value
- Over ₦4 billion
- Year
- 2026
- Key Result
- ₦4bn+ project progressed without legal disruption, supported by the required permits, contracts and FTO documentation.
Overview
ECOLAW FIRM acted as Solicitor and Legal Consultant to Preslyn Resources Limited for the dredging and sweeping of Oil Wells 20 and 39 at Ekulama, Rivers State.
The project, undertaken in connection with the NNPC Ltd / Newcross E&P JV, had a value exceeding ₦4 billion.
The Challenge
The successful delivery of a major oil and gas project required coordinated management of permits, contracts, operating permissions, regulators, JV partners, and community stakeholders.
Without these elements being addressed effectively, the client faced potential delays, regulatory exposure, commercial disputes, and disruption to implementation.
ECOLAW Firm’s Role
ECOLAW FIRM provided:
- Legal and regulatory advisory
- Processing of relevant permits and approvals
- Drafting and review of equipment hire agreements
- Drafting and review of MOUs
- Core contractual documentation
- Freedom to Operate documentation
- Engagement with JV representatives
- Engagement with regulators
- Community stakeholder engagement
Outcome
Project implementation progressed without legal disruption, with the necessary permits, contractual arrangements and FTO documentation in place to the satisfaction of the JV partners.
