Tominiyi Owolabi

Olaniwun Ajayi - Nigeria

Managing Partner


+234 1 270 2551 Ext 2903

Market leader

Bar admissions:




Practice areas:

Project development
Project finance

Industry sectors:

Natural resources
Oil and gas
Technology and telecommunications

Tominiyi is the Managing partner of the firm. He has over two decades of experience in project finance, capital markets regulatory, mergers and acquisition, oil and gas financing and asset acquisition. Tominiyi has a long-standing track record of involvement in some of the largest and most complex projects in the dynamic sectors of the Nigerian economy spanning energy, telecommunications, banking and finance, information and communication technology, infrastructure development and financial regulation.

  • Advised on the provision of up to USD3.15 billion financing for the development of an oil and gas asset in Nigeria held by Nigeria Petroleum Development Company Limited.
  • Advised Seplat Petroleum Development Company Plc. on the GBP382 million 100% acquisition of the equity of Eland Oil and Gas Plc., a Scottish company, which holds a 45 percent interest in OML 40 through its joint venture company, Elcrest Exploration and Production Nigeria Limited.
  • Advised on the US$3 billion hybrid financing for the development of NLNG’s seventh liquefaction train.
  • Advised as Nigerian counsel to Seplat Petroleum Development Company Plc on the development of an up to 300 MMScfd treatment facility valued at USD700million for the processing of wet gas.
  • Advised NLNG in respect of their USD3billion EPC Contract with Saipem, in joint venture with Daewoo E&C Co. Ltd and Chiyoda Corporation (SCD JV).
  • Advised in respect of the financing and technical services agreement entered between Nigerian Petroleum Development Company Limited (NPDC) and WAGL’s affiliates in relation to the production and sale of crude oil of up to USD900Million from OML 11.
  • Advising the Tolaram Group (the Sponsors) on the construction, and development of the Lekki Port under a 45-year concession by Nigerian Ports Authority on a Build, Own, Operate and Transfer (BOOT) basis.
  • Advised on the restructuring of a facility for circa US$200 Million, OALP negotiated and drafted a deed of amendment and restatement to amend and restate an earlier amendment and restatement facility agreement, and an earlier account administration agreement.

  • Asset finance
  • Banking
  • Capital markets: Debt
  • Capital markets: Derivatives
  • Capital markets: Equity
  • Financial services regulatory
  • Hedge funds
  • Investment funds
  • M&A
  • Project development
  • Project finance
  • Trade finance

  • Banking
  • Energy
  • Natural resources
  • Oil and gas
  • Tech and telecoms

  • DBA, University of Liverpool
  • MBA, Manchester Business School, The University of Manchester
  • BL., Nigerian Law School, Lagos
  • LL.B., Ogun State University