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Business Breakfast on the implications of ADNOC’s “In-Country Value” program at SCHLÜTER GRAF
SCHLÜTER GRAF Legal Consultants hosted a Business Breakfast on Thursday, 10 May 2018 in its offices in Business Bay. The speakers Mr. Jens Winkelmann (Managing Director Endress+Hauser UAE LLC), Dr. Tom Deeb (T&M Associates) and our senior lawyer, Dr. Constantin Frank-Fahle, LL.M. informed the attendees about practical experiences with ADNOC’s “In-Country Value” program (“ICV”), the ICV regulatory framework and its legal implications. Following a general trend in the region, ADNOC has introduced an ICV program. The program is a procurement-led initiative that aims at focusing on local supplier selection, the development of UAE Nationals, and the localization of critical functionalities in the oil and gas industry. To receive an invitation to our upcoming events, sign up to our free newsletter on SCHLÜTER GRAF’s Middle East Knowledge Hub by clicking here.