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On June 10, 2021, after Eskom implemented stage four load-shedding, President Rampahosa announced an amendment to Schedule 2 od the Electricity Regulation Act to increase the National Energy Regulator of South Africa (“NERSA”) licensing threshold for embedded generation projects from 1 MW to 100 MW.

It’s not a problem to be solved by one single company or even a group of companies; it has to be solved by a more regional approach: Andres Vega – International Associate, Centurion Law Group.

Pan African Law Conglomerate, Centurion Law Group is pleased to have acted as local counsel to Panoro Energy ASA (Panoro) on the $105 million purchase of all Tullow Oil PLC (Tullow) assets in Equatorial Guinea.

In April 2020, the South African Government announced new regulations to manage the new restrictions to be imposed during Level 4. The announcement came with extending of other business sectors to resume operations and for companies to implement new and strict protective measures to safeguard employees from contracting COVID-19. Companies need to take heed of the following requirements in preparation of Level 4 commencement.

The compounding effects of the corona virus and oil industry disruptions pose unique and significant challenges, particularly on the African continent where the economies of producing countries are largely dependent on oil revenues. As more countries remain locked down and businesses remain shut because of the pandemic, the demand for oil will remain low, leaving prices equally low. Associate Attorney, Oneyka Ojogbo have identifies some crucial issues relating to contracts and local operations.

In the midst of the COVID-19 pandemic, Centurion Law Group has launched a series of legal updates where it will be providing the latest updates and insights on in-country changes in legislations and regulations.

The CenturionPlus team and our on-demand lawyers are working around the clock to help clients navigate the uncharted legal waters sparked by COVID-19. Amidst this time of crises and the restrictions put on travel and mobility, we have attorneys on the ground that can assist your company with its tailored legal needs. This includes in-house and remote legal assistance.

Across Africa, more than 130 lawyers working for our clients have already been set up to work remotely and will continue supporting our oil and gas clients and service companies through this Coronavirus crisis.

Mr. Cosby Manuel Oliveira Toichoa, Associate; Mr. Anselmo Santiago Eworo Milam, Associate; and Mr. Santiago Olo Lima, Director of Equatorial Guinea, have acquired the operations of the Centurion Law Group in Equatorial Guinea and will be running the practice as a 100% local entity.

For the first time, licenses have been granted for the exploration of minerals on an industrial scale in Equatorial Guinea. In addition, recently awarded oil & gas blocks EG 03 and EG 04 located onshore, on the entire coast of Equatorial Guinea’s highly populated Rio Muni coastal province.

As part of its mission to open new routes and expand its fleet in 2020, Turkish Airlines has added Malabo, Equatorial Guinea to its route network.

Zion Adeoye has been named Managing Director of Centurion Law Group. Adeoye, an oil and gas specialist with a focus on energy law and finance has played a significant role at the firm in the last few years as key advisor on over 25 oil and gas investments, in 12 countries across Sub-Saharan Africa.