White & Case advised TAQA on acquisition of Al Mansoori Petroleum Services
It will expand the firm’s business from Saudi Arabia to the wider Middle East and North Africa region
By : Legal Era
Update: 2022-09-09 10:45 GMT
White & Case advised TAQA on acquisition of Al Mansoori Petroleum Services
It will expand the firm's business from Saudi Arabia to the wider Middle East and North Africa region
Global law firm White & Case has advised TAQA (energy in Arabic), the industrialization and energy services company, on its acquisition of Al Mansoori Petroleum Services, a provider of oilfield services in the Middle East, based in Abu Dhabi, United Arab Emirates.
Marcus Booth, a partner at White & Case stated, "We have advised TAQA on what is one of the largest and most significant oil and gas M&A deals in the Middle East this year, working closely with the firm's first-rate in-house legal team on this significant milestone."
He added, "The transaction marks a critical path towards our client's goal of cementing itself as one of the leading players in oilfield services, equipment manufacturing and new technologies across the wider MENA region and the Saudi government's wider Saudi Vision 2030 program."
TAQA is a Saudi Arabian industrialization and energy services company supplying specialized equipment and providing oilfield services for the exploration and development of oil & gas resources in the Kingdom of Saudi Arabia and the wider Middle East and North Africa (MENA) region.
The White & Case team was led by partner Marcus Booth (Dubai and London) and included partner Will Smith (London), local partner Mohamed Al Hasan (Riyadh), counsel Tamer Nagy (Washington, DC) and associates Adnan Bekdur, Chris Thorn, Nour Ghaleb (Dubai), Simon O'Connell-Schizas (Riyadh), Saskia Moss and Charlotte Deans (London).