- Sponsor’s Nigerian Counsel in connection with a US$780,000,000 (Seven Hundred and Eighty million United States Dollars) accelerated upstream production program financing transaction structured as a forward sale and offtake structure, under which a group of international and Nigerian lenders will finance the development and production of LPG, condensates and crude oil from eight (8) wells in the Sonam and Okan fields, lying in OMLs 91 and 90 respectively.
- Sponsors’ Nigerian Counsel in connection with a US$1,200,000,000 (One Billion, Two Hundred Million United States Dollars) forward sale and financing transaction, by the NNPC-Chevron Joint Venture, of a two staged multi-year drilling and development programme in relation to 36 (23 onshore and 13 offshore) oil wells located in seven (7) oilfields (4 onshore and 3 offshore) lying within OMLs 49, 90 and 95.
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