Under the legal guidance of ADNOC’s chief legal counsel, Salem Mohammed Al Darei (pictured), Abu Dhabi National Oil Company (ADNOC) has taken a significant step towards expanding its presence in the international gas market by acquiring a 30% equity stake in the Absheron gas and condensate field in the Caspian Sea. In a strategic transaction, ADNOC, the […]
Banking & Finance
Deal & transactions
Other
White & Case advises Intrum on Euro 300M NPL Securitisation
Global law firm White & Case has provided legal counsel to Intrum Holding (‘Intrum’) on a significant securitisation deal involving Piraeus Bank’s non-performing loan (‘NPL’) portfolio known as Project Senna. The successful strategic partnership
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
White & Case: Blue Water Energy sells Kent to Nesma
Global law firm White & Case acted as legal counsel to energy investment firm Blue Water Energy (Bluewater) on the successful sale of engineering company Kent to Nesma & Partners. Since Bluewater’s investment in
Deal & transactions
Oil & Gas
United Arab Emirates
ADNOC and Occidental Join Forces for Net Zero Goals
With ADNOC’s chief legal counsel, Salem Mohammed Al Darei (pictured) at the helm of its legal department, Abu Dhabi National Oil Company (ADNOC) and Occidental have signed a strategic collaboration agreement (SCA) to explore
Deal & transactions
Energy & Trading
United Arab Emirates
White & Case advises Masdar on joint venture with Iberdrola Group
Global law firm White & Case has advised Abu Dhabi Future Energy Company (Masdar), Abu Dhabi’s renewable energy company, on its joint venture with Iberdrola Group, the Spain-based international energy group engaged in electric
Deal & transactions
News
Real Estate, Construction & Infrastructure
Saudi Arabia
Linklaters advises on Neom’s US$5.6B smart city deal
Neom, the planned smart city in northwest Saudi Arabia, has reached a significant milestone in its development with the finalization of contracts worth SAR 21 billion ($5.6 billion) in investments. The contracts, part of a large-scale public-private
Asafo & Co. provided legal services to Advanced Finance and Investment Group (“AFIG Funds”) on its acquisition of Nouvelle Mici-Embaci (“NME”) from Holea Holding, the parent company of Groupe Carré d’Or, an agro-industrial conglomerate
Mazghouny & Co Projects & Infrastructure team has assisted Scatec with the review of the agreement executed with the New and Renewable Energy Authority (NREA) for granting access to the site. Mazghouny & Co has
Deal & transactions
TMT
United Arab Emirates
Allen & Overy advises on Hub71’s latest start-up Intake
Allen & Overy has acted as legal counsel for Hub71, Abu Dhabi’s global tech ecosystem, on the development of its incubator investment framework. This framework will facilitate the integration of the latest cohort of
Deal & transactions
Qatar
Transport
Norton Rose Fulbright on GTS acquisition of MV Ripley Prosperity
Global law firm Norton Rose Fulbright has provided legal counsel to Global Trading and Shipping (GTS) in its recent acquisition of MV Ripley Prosperity. The acquisition marks another milestone for GTS, a shipping company established
