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How White & Case Advised TNOG Oil on Acquisition of OML 17


Obinna Chima
Global law firm, White & Case LLP, has disclosed that it advised Trans Niger Oil and Gas Limited (TNOG), a related company of Heirs Holdings Oil & Gas Limited and Transnational Corporation of Nigeria Plc (Transcorp), on the highly innovative acquisition financing of a 45 per cent participating interest in OML 17 and related assets from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and ENI.
TNOG Oil and Gas Limited, now has sole operatorship of the asset.
This is just as White & Case has announced the promotion of Deji Adegoke, one of its officials, who played a key role in the transaction to the position of a Partner in its Global Project Development and Finance Practice. ....

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