Saudi Aramco Entrepreneurship Center’s $2 Million Co-Investment In UnitX

Vinson & Elkins advised Saudi Aramco Entrepreneurship Center The Law Firm of Looaye M. Al-Akkas in Association with Vinson & Elkins advised Saudi Aramco Entrepreneurship Center (Wa’ed) on its co-investment in UnitX, a KAUST artificial intelligence (AI) and supercomputing startup company and cloud-based supercomputing provider that helps enterprises deploy AI at scale. The V&E team […]

Saudi Basic Industries Corporation’s Acquisition Of A 25% Stake In Saudi Methanol Company

Abuhimed Alsheikh Alhagbani Law Firm in cooperation with Clifford Chance advised Saudi Basic Industries Corporation on the acquisition of an additional 25% stake in, and extension of the term of, its joint venture in Saudi Methanol Company in the Kingdom of Saudi Arabia with the Japan Saudi Arabia Methanol Company Inc. SABIC purchased an additional […]

ACWA Power’s US$1.2 Billion Taweelah Desalination Independent Water Project Financing

Hogan Lovells has advised ACWA Power on the project financing of the Taweelah desalination Independent Water Project in Abu Dhabi, United Arab Emirates. Financial close was achieved on 16 October 2019. The Taweelah desalination IWP will be developed on a build, own and operate (BOO) basis and have a production capacity of 200 million gallons […]

Baikal Mining Company’sConstruction Contract With Renaissance Heavy Industries

A Clifford Chance cross-border team has advised Baikal Mining Company on a construction contract with Renaissance Heavy Industries to build the Udokan Mining and Metallurgical Plant. The value of the contract is approximately EUR380 million. Renaissance is to build an integrated plant that will include ore-dressing, leaching and crushing facilities as well as a conveyor […]

Government of the Sultanate of Oman’s Return To The International Debt Capital Markets

Clifford Chance has advised the Government of the Sultanate of Oman on its return to the international debt capital markets in 2019 with a US$3 billion dual-tranche offering (US$2.25 billion 6.000 per cent. Notes due 2029 and US$750 million 4.875 per cent. Notes due 2025) under the Sultanate’s Global Medium Term Note Programme. The transaction […]

Saudi Aramco’s $12 Billion Notes Offering

Latham & Watkins, in cooperation with the Law Office of Salman M. Al-Sudairi in the Kingdom of Saudi Arabia, has advised the underwriters on the establishment of Saudi Aramco’s Rule 144A/Regulation S Global Medium Term Note Programme and the issuance of notes thereunder. The landmark transaction represents Saudi Aramco’s debut international bond issuance. The issuance […]