Energy Projects

Shipping Matters

  • Advising both the borrower (Qatar Gas Transportation Company (Nakilat)) and the lenders on the $7 billion vessel financing (consisting of 3 tranches) for 25 of the worlds largest LNG carriers
  • Advising the Middle East Dredging Company in relation to the registration of a vessel in Qatar
  • Advising Qatar Petroleum and Qatargas entities in relation to Helium 2 Project
  • Advising BNP Paribas on its €6.6 million financing of a vessel for the Middle East Dredging Company

Construction Projects

  • Advising a major developer on the development of 3 mixed use towers in the Lusail City development
  • Advising the project owners on the US$168 million financing of the Four Seasons West Bay which involved a syndicated loan with a Sharia compliant tranche
  • Advising the borrowers in relation to the US$400 million loan agreement to fund the City Center Phase II and Phase III development
  • Advising the lenders on the US$600 million Sharia compliant financing of Qanat Quartier, a multi purpose real estate project by United Development Company (UDC)
  • Advising the lenders on the QR1.1 billion Sharia compliant financing of Medina Centrale, a project by UDC in The Pearl
  • Advising one of the largest developers on The Pearl in relation to the sale of various towers to smaller developers
  • Advising on the mezzanine financing of the Al Waab City development

Other Matters

  • Advising QP on US$1.28 billion maiden yen-denominated bond 
  • Advising Qatar Islamic Bank on the Sharia compliant refinancing (which included a mixture of Murabaha and Ijara structures) of the Singer company as part of its restructuring plan approved for the purposes of exiting a Chapter 11 bankruptcy filing in the United States
  • Advising Qatar Petroleum on their US$1.2 billion debut bond offer
  • Advising Qatar Islamic Bank on the structuring of a number of funds including its Sharia compliant €100 million real estate fund in France
  • Advising both buyer and seller on the transfer of shares in Mesaieed Power Company
  • Advising QP on its acquisition of a share in Qatar Vinyl Company
  • Advising a major Saudi Arabia based food stuff company on its acquisition of a Qatari supermarket chain
  • Advising the sponsors on all aspects relating to the establishment of Qatar First Investment Bank, its licensing by the Qatar Financial Centre and its US $ 1 Billion private placement

Arbitration

  • Local counsel to a number of Qatari state/Quasi state owned institutions regarding a number of ongoing international arbitration relating to construction within the energy sector; claim value: US$100 million - US200 million;
  • Local counsel in relation to an international arbitration relating to claims arising in the context of a commercial agency/ representation relationship within the engineering sector; claim value US$6 million.