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Changes to the UAE Foreign Ownership Laws

In September 2020, the UAE Cabinet of Ministers (the Cabinet) issued Law No. 26 of 2020 (the Amendment) which amended certain provisions of the UAE Companies Law No. 2 of 2015 (the Companies Law). The amendments include...more

Abu Dhabi Global Market to licence “Oil and Gas” Activities

Abu Dhabi Global Market (ADGM) has recently announced that it has entered into an agreement with the Supreme Petroleum Council in Abu Dhabi (the SPC), pursuant to which ADGM will be able to grant entities that are...more

Energy Newsletter - July 2018

The New Midstream Transactions - A recent trend in the upstream and midstream oil and gas industry is for midstream services providers to offer certain forms of additional compensation to oil and gas lessees / operators...more

100% Foreign Ownership to be Permitted in the UAE

This article is a two-part article concerning the foreign ownership restriction (the Ownership Restriction) which is currently in force in the United Arab Emirates (the UAE) and recent announcements from the Cabinet of...more

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