The Legal 500

Oman

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Editorial

Legal market overview

The Sultanate of Oman has seen considerable activity in the projects sector of late, after the government increased its budget to and to generate employment. High-profile work includes the refinery and petrochemicals project in Duqm and the refinery expansion project in Sohar. The general liquidity in the market reflects the amount of internal activity from Omani banks, but this historically inward-facing market continues to develop.

Addleshaw Goddard (Middle East) LLP in association with Nasser Al Habsi Law Firm has maintained its strong standing in the market, while Trowers & Hamlins has made considerable efforts to rebuild its team and position.

Regional giant Al Tamimi & Company and international firm CMS Cameron Mckenna LLP both opened new offices in Muscat, in response to client demand.

The number of firms active in the market without offices on the ground continues to increase: Shearman & Sterling LLP’s Abu Dhabi office has a strong recent track record; highlights included advising the lenders on Oman Oil’s Musandam independent power project. Clifford Chance has been acting for clients such as Oman Tank Terminal Company, Oman Oil Company and Bahar Oman Metals from its Dubai office. Allen & Overy LLP is also routinely involved.

Al Busaidy, Mansoor Jamal & Co
www.amjoman.com/

Al Busaidy Mansoor Jamal & Co (AMJ) is a leading, commercial law practice based in the heart of Muscat’s business and financial district. As the Sultanate of Oman has developed and prospered, so the firm has evolved over the past 35 years into Oman’s largest legal practice, top-ranked for its work in banking and finance, corporate/commercial and dispute resolution work. The firm has a track record of delivering high-quality legal services in both domestic and cross-border transactions to international and leading local corporates, financial institutions, private individuals, and the government.

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