UAE: ADNOC's ICV and Mergers and Acquisitions

15. September 2019  

Mergers and acquisitions (M&As) is a general term that refers to the consolidation of companies through various types of transactions. In the Middle East and Africa (MENA) region, M&A deals remain most relevant in the Oil & Gas industry. Investors engaging in M&A deals in the United Arab Emirates (UAE) should consider the effects of such transactions in light of the Abu Dhabi National Oil Company’s (ADNOC) In-Country Value (ICV) program. This legal briefing gives an overview of the impact M&A transactions have from an ICV perspective.