Shearman & Sterling LLP > Abu Dhabi, United Arab Emirates > Firm Profile

Shearman & Sterling LLP
ETIHAD TOWERS, OFFICE TOWER 3
21ST FLOOR, CORNICHE ROAD, PO BOX 2948
ABU DHABI
United Arab Emirates

United Arab Emirates > Oil, gas and natural resources Tier 1

Shearman & Sterling LLP has an experienced financings and energy and infrastructure M&A practice that is led by Renad Younes and Dan Feldman. Younes is a ‘trusted advisor‘ and ‘revered‘ by clients throughout the energy value chain. Feldman is a project development and finance specialist with expertise advising on a wide variety oil and gas, energy transition and infrastructure projects.

Practice head(s):

Renad Younes; Dan Feldman

Other key lawyers:

Iain Elder

Testimonials

‘Shearman & Sterling have been very proactive in supporting us with our diversity and UAE national development initiatives, such as through hosting internships for young UAE national scholars and offering training contracts. Such initiatives are extremely important for us as a client and supports the development of our local talent.’

‘Renad Younes has advised us across our upstream, downstream and marketing/ trading sectors which makes her unique in fully understanding our whole oil and gas value chain. She has gained the role of “trusted advisor” status in our downstream projects business and her passion for ensuring the best outcome for the client is reflected in her commitment and advice that she provides to us. Renad is always thinking of our business and the legal team and regularly reaches out to support the development of our legal team.’

‘The Shearman team is one of the most diverse in the region – with revered Renad Younes at the helm.’

‘They make you feel as if you are the only client! – Talking about Mr. Dan Feldman.’

Key clients

Abu Dhabi National Oil Company (ADNOC)

NEOM Company

Intercontinental Exchange, Inc (ICE)

The Saudi Arabian Industrial Investments Company (Dussur)

The Dow Chemical Company

Bahrain Petroleum Company

SACE S.p.A.

Emirates Global Aluminium

The Royal Commission for Al-Ula

Masdar

Mubadala

Credit Agricole Corporate and Investment Bank

Chevron Saudi Arabia

Export-Import Bank of Korea (K-EXIM)

United Arab Emirates > Commercial, corporate and M&A Tier 3

Shearman & Sterling LLP is a go-to firm for issues involving minority investments, joint venture formations and acquisitions of controlling stakes or whole businesses. Regional managing partner Renad Younes has extensive M&A and projects expertise and advises clients on the full spectrum of oil and gas. Since publication, Marwan Elaraby left the firm.

Practice head(s):

Renad Younes

Key clients

Abu Dhabi National Oil Company

NEOM Company

The Saudi Arabian Industrial Investments Company (Dussur)

Gulf Petrochemical Industries Co. (GPIC)

The Dow Chemical Company

Investcorp

Chevron

Mubadala

Mitsui & Co., Ltd

United Arab Emirates > Construction Tier 3

Shearman & Sterling LLP advises on a broad range of government-related construction mandates and has expertise in oil and gas facilities across the energy value chain. Alex Bevan heads the firm's global international arbitration practice. Energy and infrastructure expert Dan Feldman has extensive experience advising on largescale oil and gas, green energy, power and infrastructure projects.

Practice head(s):

Alex Bevan; Dan Feldman

Key clients

Obrascon Huarte Lain

Orascom Construction / Contrack (Cyprus) Ltd.

Qatar Building Company

Samsung C&T Corporation

ENKA İnşaat ve Sanayi A.Ş.

Abu Dhabi Global Market

Work highlights

  • Representing OHL Internacional and Contrack (Cyprus) Ltd as Respondents in an ICC arbitration in London initiated by the Qatar Foundation for Education, Science and Community Development concerning the development of a world-class medical facility in the Middle East, subject to Qatari law.
  • Representing an international joint venture in an ICC arbitration against Qatari Railways Company (QRC) arising from the termination of a contract, governed by Qatari law, for the design & build of two of Doha Metro’s flagship stations.

United Arab Emirates > Dispute resolution: arbitration and international litigation Tier 3

Shearman & Sterling LLP has a 'strong team' that focuses on oil and gas, aviation, telecoms and construction disputes. Abu Dhabi-based managing partner Alex Bevan has an extensive international arbitration background. David Hume and Alexander Nordang were promoted to counsel in 2021.

Practice head(s):

Alex Bevan

Other key lawyers:

Testimonials

‘Strong team with region-specific capability. Stellar turnaround time.’

‘Alex Bevan – knows the region, understands our Company and guides on strategy.’

‘David Hume – smart, eloquent and very strong on explaining concepts.’

‘They are always thinking creatively and suggesting solutions that are perfect for the particular issue.’

‘IF they are pressured, they never show it, they always have time, and they are creative thinkers.’

‘Alex Bevan is a standout individual. He is a mature and persuasive advocate.’

Solid understanding of the local market dynamics in the oil and gas sector.

Team led by Alex Bevan are considered strategic partners with a solid understanding of parties interests in high-value complex EPC claims. Proven agility in their responsiveness and factoring global/local market conditions in their advice.

Key clients

ENKA İnşaat ve Sanayi A.Ş.

Abu Dhabi Global Market (ADGM)

Work highlights

  • Representing Turkish contractor ENKA Insaat ve Sanayi AŞ in an ICC arbitration in London against certain entities within US insurance group Chubb.
  • Developing the framework and resources for ADGM to become a leading arbitral jurisdiction.

United Arab Emirates > Infrastructure and projects (including project finance) Tier 4

Shearman & Sterling LLP has a 'solid project financing team' and is 'well regarded' in the Middle East for energy and infrastructure work. Regional managing partner Renad Younes has expertise in project development and financing in the upstream, midstream and downstream energy industries. Dan Feldman specialises in oil and gas and energy transition, particularly in relation to hydrogen. Iain Elder acts for key sponsors and lenders in the region.

Practice head(s):

Renad Younes; Dan Feldman; Iain Elder

Testimonials

‘Shearman & Sterling have a well regarded, solid project financing team, especially in the Middle East where you get the sense that they have made a real effort to grow the practice group and presence on the ground.’

Key clients

Abu Dhabi National Oil Company (ADNOC)

NEOM Company

Intercontinental Exchange, Inc (ICE)

The Saudi Arabian Industrial Investments Company (Dussur)

The Dow Chemical Company

Bahrain Petroleum Company

SACE S.p.A.

Emirates Global Aluminium

The Royal Commission for Al-Ula

Masdar

Mubadala

Credit Agricole Corporate and Investment Bank

Chevron Saudi Arabia

Export-Import Bank of Korea (K-EXIM)

United Arab Emirates > Banking and finance: Corporate finance (including Islamic lending) Tier 5

Shearman & Sterling LLP has a full-service finance practice with a global presence, covering a range of areas including project finance, acquisition finance, ECA financings, restructuring and Shariah compliant financing. Philip Stopford and Abu Dhabi-based Laleh Shahabi co-head the UAE banking and finance practice. Shahabi was promoted to partner in July 2021 and has expertise in project finance and development transactions.

Practice head(s):

Philip Stopford; Laleh Shahabi

Other key lawyers:

Claire Hunter

Key clients

Mubadala Capital

Saudi Arabia > Commercial, corporate and M&A

Shearman & Sterling in association with the Law Firm of Dr. Sultan Almasoud maintains a busy practice handling high-value transactions and project mandates for a host of leading regional clients including NEOM. The team, led by Sultan Almasoud  has been strengthened on the private equity, public and private M&A front with the arrival of Mohsin Suleman who joined from Freshfields Bruckhaus Deringer. In Abu Dhabi, Renad Younes is the regional partner in the Middle East and is a key contact for international mergers and project financing deals. The group leverages its teams in London, Dubai, and Singapore to handle complex cross-border mandates.

Practice head(s):

Sultan Almasoud; Mohsin Suleman

Other key lawyers:

Renad Younes

Testimonials

‘We work with Mohsin Suleman (Partner) and his team. Their strength is their efficient and comprehensive responses to questions raised.’

‘Mohsin Suleman (Partner) has been an excellent legal advisor to us – providing comprehensive, clear feedback as well as practical solutions. As an added bonus, the turn around times are reliable and incredidbly fast.’

‘They are committed, organized, timely completion of tasks with a clear quality.’

Key clients

Jabal Omar Development Company

Bin Dayel Group

NOMW Capital

Alsalam Aerospace Industries Company

Five Capital Partners

The Saudi Arabian Industrial Investments Company (Dussur)

The National Unified Procurement Company

Saudi Investment Recycling Company

NEOM Company

Jabal Omar Development Company

Bin Dayel Group

Work highlights

  • Advised Dussur as part of an international private equity consortium consisting of BroadPeak Global LP and Asia Green Fund on the purchase of the Clean Technologies business of DuPont de Nemours, Inc. for $510m in cash.
  • Advising NEOM Company on all aspects of its $5bn world-scale green hydrogen and green ammonia production facility.
  • Advising Saudi Arabian Chevron on the largest upstream unitized Wafra field between Saudi and Kuwait.

Saudi Arabia > Projects and energy

Shearman & Sterling LLP has a track record advising on high-value energy transactions and project financings across the renewable energy and oil and gas sector.

The firm: Shearman & Sterling has a longstanding presence in the Middle East. Its Abu Dhabi office was established in 1975 after more than a decade of advising clients in the region. The office started as a base from which to serve a handful of clients in the oil and gas sector, but quickly developed into a busy centre of project activity for the firm.

Areas of practice: Clients come to Shearman & Sterling for its market-leading experience in the oil and gas, power and infrastructure sectors. The firm providesfirst-rate services in project development and finance, banking and finance, corporate, mergers and acquisitions, construction and dispute resolution. The firm can also advise on the entire spectrum of private equity and capital market transactions. It advises on major international arbitrations, foreign-based investment transactions, and counsels clients seeking to do business in the Middle East and local clients seeking to make investments around and outside the region.

Renowned as pioneers in the field of Islamic (Shari’ah-compliant) financing, Shearman & Sterling has advised on cutting-edge transactions such as the first power project in the Middle East that included financing from Islamic banks and the largest-ever oil and gas Islamic financing. The firm has especially been at the forefront of advising on the development of Shari’ah-compliant project financings; in particular, in relation to non-recourse Shari’ah finance structures used to finance major infrastructure projects in the GCC.

DepartmentNameEmailTelephone
Project development and finance, Corporate and M&A Renad Younes
Project development and finance Dan Feldman
Mergers and acquisitions Matthew Powell
Mergers and acquisitions Marwan Elaraby
Mergers and acquisitions Rodney Cannon
Banking and finance Iain Goalen
International arbitration Alex Bevan
Capital markets Marwan Elaraby
Private equity Matthew Powell
Private equity Marwan Elaraby
Private equity Rodney Cannon
PhotoNamePositionProfile
Alex Bevan photo Alex BevanPartner
Dan Feldman photoMr Dan FeldmanPartner
David Hume photoMr David HumeCounsel
Samuel   Ogunlaja photoMr Samuel OgunlajaCounsel
Natalya  Pilbeam photoMs Natalya PilbeamCounsel
Laleh Shahabi photoMs Laleh ShahabiPartner
Renad Younes photoMs Renad YounesRenad Younes is the firm’s Global Head of Finance, Regional Managing Partner…
Number of lawyers : 850
at this office : 26
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