About 22 African countries have proven gas reserves, but can they play a role in meeting sub-Saharan Africa's demand for power?
Our energy and natural resources lawyers deliver to our clients the focused, innovative sector advice they need, in Ghana and beyond.
We have built an excellent practice in the energy and natural resources industries, having advised on a number of major transactions involving mining, oil, gas, electricity and renewable energy. We serve a client base ranging from major and established petroleum, power, renewable and mining companies and start-up exploration companies. We also provide support to governmental institutions.
Our energy and natural resources clients receive coordinated, across-the-board coverage for their needs, including construction and projects, corporate, regulatory, contractual, financing, litigation/arbitration, dispute resolution and local content, tax and environmental issues. We understand the technical, geographical, commercial and geopolitical factors that shape the industry.
Experience has included advising:
- A syndicate of lenders including foreign banks in relation to financing of a Ghanaian incorporated borrower’s interest in the development of oil and gas fields in Ghana.
- A syndicate of lenders including an international financial institution and mandated lead arranger in relation to the USD185 million financing and restructuring of financial arrangements of a major power generation company in Ghana.
- The lenders to a major oil and gas company in relation to the USD750 million financing of the development of the Jubilee Oil Fields.
- An international mining company on its proposed equity and loan investment (of over USD200 million) through its local subsidiaries in two local mining companies.
- A bulk petroleum products storage and distribution company in the review and negotiation of contracts for the front-end engineering design of a 750 km buried national gas transmission utility pipeline build-out.
- An energy company in relation to its development of a biofuel power plant project in Ghana.
- A multinational energy company on its proposed equity investment in a local company at the early stages of developing a 200 MW solar farm in Ghana.
- A mineral exploration company in Ghana on its acquisition of an Australian mineral exploration company with 6 subsidiaries in Ghana, some of which have mineral rights.
- A mining company in the United Kingdom in relation to its acquisition of two mineral rights owned by two Ghanaian companies as part of the process for admission of the mining company’s issued share capital to trading on the AIM market of the London Stock Exchange.
- The Government of Ghana in international proceedings relating to the maritime boundary dispute between Ghana and its neighbor Côte d'Ivoire before the International Tribunal for the Law of the Sea.
With AfCFTA aiming to boost intra-African trade by 52% by 2020, it could impact intra-African energy investments and projects, helping to curb power demand.
A look at the possible models for private investment in transmission infrastructure in West Africa, as well as challenges and solutions.
Recently, West African countries have initiated and implemented reforms in their power sectors that illustrate the region's developmental trends.
Much of Africa's renewable energy potential remains untapped and the scope for growth could create investment opportunities across the continent. Could geothermal energy be the solution to Africa's energy crisis?