Global law firm White & Case provided legal services to Aramco, one of the world’s leading integrated energy and chemical giants, in its strategic move to acquire 100 percent ownership of Esmax Distribución SpA (‘Esmax’), a prominent downstream fuels and lubricants retailer in Chile, boasting a diversified range of offerings. This acquisition is set to […]
Deal & transactions
Oil & Gas
United Arab Emirates
ADNOC expands presence in Caspian Sea with Absheron Investment
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
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
International law firm Cleary Gottlieb served as counsel to the Ministry of Oil of the Republic of Iraq and Basra Oil Company (BOC) in a landmark acquisition of a 30% interest in the Gas Growth Integrated
Global law firm Clifford Chance has advised a syndicate of 16 Omani and regional banks on multicurrency conventional and Islamic facilities for OQ Gas Networks (OQGN). As the sole proprietor and operator of Oman’s natural
ADNA, a prominent legal firm, provided advisory services to Pertamina, the Indonesian state oil company, in their recent collaboration with Sonatrach Group and Repsol in Algeria. The collaboration involved the signing of a production-sharing contract
Banking & Finance
Oil & Gas
United Arab Emirates
Eversheds Sutherland on ADNOC Refining’s consortium deal
Eversheds Sutherland provided legal counsel to Natixis Bank and Arab Petroleum Investments Corporation (APICORP) as lenders in the consortium’s acquisition of ADNOC Refining’s two waste management facilities in the Ruwais Industrial Area of
Deal & transactions
Oil & Gas
Saudi Arabia
Aramco acquires 10% Stake in China’s Rongsheng Petrochemical
Saudi Arabian Oil Company (Aramco) has recently signed definitive agreements to acquire a 10% stake in Rongsheng Petrochemical Co. Ltd. for RMB 24.6 billion (USD 3.6 billion). The acquisition deal will bolster Aramco’s downstream presence in China
Al Tamimi & Company has advised ADNOC Gas, a large-scale integrated gas processing company, on its initial public offering (IPO) raising approximately AED 9.1 billion (equivalent to approximately USD2.5 billion) which represents the largest-ever listing on
Deal & transactions
Oil & Gas
United Arab Emirates
ADNOC and ENI strengthen cooperation in sustainability sectors
In a bid to accelerate the transition to a low-carbon future, UAE’s Abu Dhabi National Oil Company (‘ADNOC’) and Italian oil & gas group, ENI, have signed a Memorandum of Understanding (‘MoU’)
