What it Takes to Get a Marginal Oil and Gas Field in Nigeria
The Nigerian Department of Petroleum Resources (DPR) recently released guidelines on the 2020 licensing round.
Nigeria: New Order on Significant Economic Presence
The Federal Republic of Nigeria has published the Companies Income Tax (Significant Economic Presence) Order, 2020 effective from February 3rd, 2020, to define and determine the scope of Significant Economic Presence (SEP) in Nigeria.
Centurion Plus launches a full-suite Tax and Investment Service for Africa
While many African governments and private businesses will have to grapple with the paucity of funds and other Post-COVID-19 issues, the resurgence of a thriving private sector will be the shot-in-the-arm for a new solid African economy to emerge. It has become clear that Africa must depend more on itself to unlock its potentials and…
Centurion Legal Group Adds Weight to Equal by 30 Campaign to Strengthen Role of Women in Energy
Centurion Law Group has become a signatory to the Equal by 30 Campaign, which calls for private and public sector commitments to further equal pay, equal leadership and equal opportunities for women in the clean energy sector by 2030.
EXCLUSIVE: Mauritius’ New Covid-19 Bill Amends Key Acts of Parliament
By Centurion Plus Lawyer in Mauritius, Rubesh Doomun Mauritius has so far been in lockdown since 23 March 2020: a short time perhaps when measured by the calendar, but endlessly long to gallop through for barristers whose feet have become accustomed to courts. When the whole world was forced to come to a halt, it…
Company Operational Requirements in accordance with Level 4
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.
Atténuer les risques de la crise actuelle : les mesures que doivent prendre les entreprises du secteur pétrolier
Les effets cumulatifs du virus corona et des perturbations de l’industrie pétrolière posent des défis uniques et importants, en particulier sur le continent africain où les économies des pays producteurs dépendent largement des revenus pétroliers. Alors que davantage de pays restent fermés et que les entreprises restent fermées en raison de la pandémie, la demande de pétrole restera faible, laissant les prix tout aussi bas. Avocat associé, Oneyka Ojogbo a identifié quelques problèmes cruciaux liés aux contrats et aux opérations locales.
Mitigating risks in the current industry crisis: the actions oil sector companies need to take
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.
Download: Centurion’s Algeria Spotlight
Algeria is Africa’s third largest oil producer after Nigeria and Angola, and 60% of its budget comes from hydrocarbons revenues. Oil production has been slowly declining however, from almost 1.4 million bopd in 2008 to a current average of 1 million bopd. Coupled with increasing domestic consumption, declining output is putting pressure on the need…
Centurion Plus Director, Leon Van Der Merwe, shares how the C+ model works
We sat down with Centurion Plus (C+) Director, Leon Van Der Merwe, on Centurion Law Group’s agile and customized legal and advisory service offering that brings together a team of “on ground” African lawyers for any deal on a project basis. Leon expands on how Centurion Law Group’s latest hybrid and on demand model works.
Order dated April 14th, extending the validity of Decree Number 42/2020, dated March 31th, Declaring the state of Sanitary Alarm and Dictating the Policies of protection, Containment and Control of the new Coronavirus (Covid-19) in the Republic of Equatorial Guinea
The Government of Equatorial Guinea with the purpose of creating a Constitutional Framework for the different measures that were previously taken and for those that would be taken around the Sanitary Crisis caused by the expansion of the Coronavirus evidently existing in the country, has extended the Sanitary Alarm and also added new policies for the protection of its citizens.
Legal note: Senegal’s gas code
To ensure the development of a robust and efficient gas-value chain, mitigate carbon emission, limit climate change and bring electricity tariffs down, Senegal adopted Law No. 2020-06 (Gas Code) on January 27th, 2020. Mickael Vogel, Director of Strategy at Centurion Law Group, discusses this latest gas code and its key legal implications for investors.