Projects and energy in Saudi Arabia

Legal Advisors, Abdulaziz I. Al-Ajlan & Partners in association with Baker & McKenzie Limited

Legal Advisors, Abdulaziz I. Al-Ajlan & Partners in association with Baker & McKenzie Limited advises sponsors and lenders on major infrastructure projects in the region. Practice co-head Ian Siddell advised Ma'aden Wa'ad Al Shamal Phosphate Company and its sponsors on the development of a $7.9bn phosphate fertilizer production project. Fellow co-head George Sayen assisted Spanish government-owned shipbuilder Navantia with its construction of naval vessels for the Saudi Ministry of Defence. Basel Barakat is another key figure; he advised Saudi Binladin Group Company Limited on the construction of the King Abdullah Financial District in Riyadh. Julie Alexander and Gavin Witcombe are also highly recommended.

Practice head(s):

Ian Siddell; George Sayen

Key clients

Saudi Arabian Mining Company

Banque Saudi Fransi

Samba Financial Group / Samba Capital

Saudi Binladin Group Company Limited

The National Commercial Bank

Arab National Bank

Riyad Bank

ACWA Power International

Al Rajhi Banking and Investment Corporation

HSBC Saudi Arabia / The Saudi British Bank

The Saudi Investment Bank Circa

Gulf International Bank / GIB Capital

Arab Petroleum Investments Corporation

Mohammed I. Alsubeaei & Sons Investment Company

Work highlights

  • Advising HSBC Saudi Arabia and Arab National Bank on the Sakaka PV IPP, which is a greenfield 300MWac solar photovoltaic project designed as a standalone facility, based in the northern region of the Kingdom of Saudi Arabia.
  • Acting for a syndicate of banks on multi-option trade finance facilities provided to Saudi Binladin Group intended for the development of the King Abdulaziz International Airport Project in Jeddah.
  • Assisted Spanish government-owned shipbuilder Navantia with its construction of naval vessels for the Saudi Ministry of Defence.

The Law Office of Megren M. Al-Shaalan in cooperation with White & Case

For some, Adam Pierson at The Law Office of Megren M. Al-Shaalan in cooperation with White & Case is the 'go-to lawyer for Saudi projects' and recently advised Saudi Aramco on its $1.1bn financing of a residential camp. He leads the team alongside Doug Peel, who has extensive experience in energy and infrastructure projects, particularly in the oil and gas sector.

Practice head(s):

Adam Pierson; Doug Peel

Testimonials

‘Adam Pierson is the go to lawyer for Saudi projects.’

‘The team is unique in the depth of knowledge they possess and their ability to work as a single-unit.’

‘While being detail oriented, its attorneys do not miss the bigger picture of the transaction.’

Key clients

Saudi Arabian Oil Company

Saudi Arabian Mining Company

National Water Company

Water & Electricity Company

King Faisal Specialist Hospital & Research Centre

National Commercial Bank

Work highlights

  • Advised the arrangers on the SAR2.15bn Islamic project financing for the construction of a new petrochemicals complex in Yanbu, Saudi Arabia.
  • Advising Water & Electricity Company on three greenfield water and wastewater treatment plant PPPs.
  • Assisting Saudi National Commercial Bank with the expected financing of the concession for the construction and operation of Taif International Airport under a PPP structure to the preferred bidder consortium (consisting of Asyad Group, Consolidated Contractors Company and Munich Airport).

DLA Piper in collaboration with Amer Al Amr Law Firm

The 'excellent' and 'highly professionalDLA Piper in collaboration with Amer Al Amr Law Firm has 'state of the art knowledge of the energy field' and is 'always up to date regarding crucial developments'. Dubai-based Trevor Butcher leads the team; he advised Saudi Water Partnership Company on a number of water desalination projects. Keith Bullen, who is also based in Dubai, is '100% aware of trends in the region and important developments' and 'willing to adapt to new requests by the client'. He assisted Saudi Arabia's Ministry of Energy, Industry and Mineral Resources with a $400m solar power project.

Practice head(s):

Trevor Butcher

Key clients

Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources

Saudi Water Partnership Company

Saudi Airlines Cargo Company

Work highlights

  • Advised Saudi Airlines Cargo Company on the development of a new cargo terminal at King Abdulaziz International Airport, Jeddah.
  • Assisted Saudi Water Partnership Company with the development of independent sewage treatment plants.
  • Advised Saudi Water Partnership Company on the procurement of six water storage projects in Jeddah.

Faisal Adnan Baassiri Law Firm in association with Ashurst LLP

Faisal Adnan Baassiri Law Firm in association with Ashurst LLP advises lenders and sponsors on infrastructure, water, energy, healthcare, education and transport projects, among others. Project finance specialist Bilal Rana leads the practice and is an expert in advising on PPP projects. Managing partner Faisal Adnan Baassiri regularly assists global companies and institutions with ensuring that energy and infrastructure transactions are shari'ah compliant. Dubai-based David Charlier is another name of note and is particularly experienced in water and sewage projects.

Practice head(s):

Bilal Rana

Other key lawyers:

Faisal Baassiri; David Charlier

Key clients

ArRiyadh Development Authority

ACWA Holding

Serco

Nesma Holding

Khaled Juffali

JGC Corporation

JBIC

FCC Aqualia S.A

Work highlights

  • Advised RDA on all aspects of the procurement of O&M contractors for the Riyadh Metro.
  • Acted for the commercial lenders supporting the Marubeni- led consortium on the development and financing of the Shuqaiq 3 independent water project in Saudi Arabia.
  • Advised the FCC Aqualia / Nesma / Abdul Latif Jameel consortium on its bid for the Jeddah Airport independent sewage treatment project.

Law Firm of Hassan Mahassni In association with Dechert LLP

Law Firm of Hassan Mahassni In association with Dechert LLP has a track record handling major projects relating to renewable energy, transport infrastructure and supply systems. Practice head Emad Zahrani advised a sponsor on the Madinah Hajj City Project. He also assisted Sepco3 with its role as engineering, procurement and construction contractor on the Yanbu water and power project.

Practice head(s):

Emad Zahrani 

Work highlights

  • Advising Sete Energy Saudia For Industrial Projects on the construction of nine desalination plants across Saudi Arabia’s Red Sea coastline.
  • Acting for Jafto, a consortium of national and international companies, on matters related to the provision of refuelling services to the new King Abdulaziz International Airport in Jeddah.
  • Assisted Posco E&C Saudi Arabia with its construction of three housing buildings at Sulaiman Al Rajhi University City Project at Bakireyya, Saudi Arabia.

Hatem Abbas Ghazzawi & Co.

Hatem Abbas Ghazzawi & Co. frequently acts as local counsel on major project finance mandates involving international law firms without an affiliate office in Riyadh. In recent work, practice head Ali Abedi, alongside Covington & Burling LLP, assisted Acwa Power with the development and financing of Saudi Arabia’s first renewable energy project . Associate Dana Halwani, who regularly works alongside Abedi, is also noted.

Practice head(s):

Ali Abedi 

Key clients

ACWA Power

The Dow Chemical Company and Sadara Chemical Company

Metito

Citicorp

Work highlights

  • Advising Acwa Power on its financing and hedging agreements for the SR2.625bn independent water project.
  • Assisting Dow and Sadara Chemical Company with its joint venture with Saudi Aramco for the development, financing and construction of a petrochemicals complex in Jubail.
  • Assisting the Swiss industrial technologies provider ABB with the formation of a joint venture with Canadian engineering major SNC-Lavalin to handle engineering, procurement and construction projects in the power sector.

King & Spalding in Affiliation With the Law Office of Mohammad Al-Ammar

King & Spalding in affiliation with the Law Office of Mohammad Al-Ammar is a popular choice for big-ticket energy and infrastructure projects within the region. Testament to this was Abu-Dhabi-based Tim Burbury's advice to Jeddah Economic Company on the procurement and development of district cooling services, power supply and potable water for Jeddah Economic City development, a project which includes the construction of planned skyscraper, Jeddah Tower, which is set to be the world's first 1km building. The team has been strengthened by the addition of power project specialist Robin Bayley, who joined from Shearman & Sterling LLP and is also based in Abu Dhabi.

Practice head(s):

Tim Burbury

Key clients

Advance Water Technology

AlAmwal AlKhaleejiah

Compañía Española de Petróleos

DAR Al-Handasah

Power and Water Utility Company for Jubail and Yanbu – Marafiq

Sharjah Asset Management Holding

Jeddah Economic Company

Saudi Tabreed

Miahona

Mubadala Investment Company

Shuaa Energy 2 PSC

ALDAR Properties PJSC

Jeddah Development & Urban Regeneration

Booz Allen Hamilton

BUPA

Dhahran Techno Valley Company

Arabian Company for Water and Power Development

Dubai World Trade Centre

ENGIE

Electricity de France

Emirates District Cooling

Jeddah Urban Development and Regeneration Company

Jabal Omar Development Company

Ramboll

Malakoff

Sadara Chemical Company

Tourism Development & Investment Company

TwoFour54

United Eastern Medical Services

Oman Investment Corporation

The Media Zone Authority

Blue Apple Partners

Veolia

Abu Dhabi Future Energy Company

JERA

Work highlights

  • Advised Dar-Al-Handasah on the procurement and development of district cooling services and a potable water plant at the King Fahd University of Petroleum and Minerals.
  • Acted for Momra on the implementation of several PPP projects in the waste and environment sectors in Saudi Arabia.
  • Assisted Jeddah Economic Company with the procurement and development of district cooling services, power supply and potable water for the Jeddah Economic City development.

Law Office of Mohanned bin Saud Al-Rasheed in association with Baker Botts L.L.P.

Law Office of Mohanned bin Saud Al-Rasheed in association with Baker Botts L.L.P. has historically been associated with the oil and gas sector but is also seeing an uptick in work relating to renewable energy. Shadi Haroon leads the team and is highly experienced in oil and gas projects. The group also draws on the firm's international network with Dubai-based Stephen Matthews frequently involved in Saudi-related mandates. A key development in the Riyadh office has been the arrival of energy project expert Euan Pinkerton, who joined from Herbert Smith Freehills LLP.

Practice head(s):

Shadi Haroon

Key clients

RAK Gas LLC

Hunt Oil

Azerbaijan Gas Supply Company

Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP

Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP primarily advises on the sponsor side of major project deals, with a number of local and international banks among its client roster. Salman Al-Sudairi leads the practice and is supported by counsel Amar N Meher. The team also draws upon its international network, working particularly closely with the Dubai and London offices.

Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in co-operation with Clifford Chance

Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in co-operation with Clifford Chance's team is headed by Yasser Al-Hussain, who has worked on major project finance mandates in the region. He recently advised a financial consortium on its sponsorship of the Shuqaiq-3 independent water project in Saudi Arabia.

Practice head(s):

Yasser Al-Hussain

Work highlights

  • Advised a consortium led by Marubeni on the limited recourse financing for the construction, operation and maintenance of the Shuqaiq 3 Independent Water Project in Saudi Arabia.

Al Tamimi & Company

Al Tamimi & Company has seen an uptick in instructions to handle high-profile projects in the areas of real estate and tourism but also has a strong background in projects involving oil and gas, infrastructure,  healthcare, water and waste. Practice head Grahame Nelson is highly skilled in project finance, particularly regarding public-private-partnerships. Bahrain-based Rafiq Jaffer also specialises in project finance.

Practice head(s):

Grahame Nelson

Other key lawyers:

Rafiq Jaffer

Key clients

Al Akaria

Public Investment Fund

EY

AT Kearney

The Red Sea Development Company

Work highlights

  • Advised Al Akaria on a new $10bn mixed-use development in Riyadh.
  • Assisted Public Investment Fund with the development and financing of Amaala, a major luxury resort along the Red Sea.

Jones Day in association with Ebrahim Alhabardi Law Office

Jones Day in association with Ebrahim Alhabardi Law Office advises on oil and gas, renewable energy and water treatment projects in the region. Javade Chaudhri leads the practice and has extensive experience of the oil and gas sector. Other notable names include Yusuf Giansiracusa and of counsel Edward Rose, who are both experienced in infrastructure projects. The team also draws upon its international network, with Dubai-based Nadim Khan, who focuses on project finance, another key name.

Practice head(s):

Javade Chaudhri

Work highlights

  • Advised a major utility company on the project financing and development of a new wastewater treatment plant.
  • Advised a petrochemicals company on the structuring of the development and financing of a major expansion project.

Khoshaim & Associates

Khoshaim & Associates in cooperation with Allen & Overy LLP's practice is led by Karim Wali, who has a strong track record in advising on project finance mandates, particularly in the oil and gas sector. The team draws upon its international network with Dubai-based Julian Johansen another notable name.

The Law Office of Looaye M. Al-Akkas in Association with Vinson & Elkins LLP

The Law Office of Looaye M. Al-Akkas in Association with Vinson & Elkins LLP has a strong track record handling oil and gas projects. Looaye Al-Akkas is the key name to note; he frequently advises public bodies on major energy projects in the region.

Practice head(s):

Looaye Al-Akkas 

Saud Al-Ammari (Dr.) Law Firm

Energy projects are a core area of expertise for Saud Al-Ammari (Dr.) Law Firm, which has expertise in handling corporate, commercial and financing matters in the space. Saud Al-Ammari leads the team and has a very strong background in the oil and gas sector having formerly worked as general counsel at the Ministry of Petroleum and Mineral Resources for the Saudi government.