About
Provided by Sharkawy & Sarhan
For over a decade, our sector-focused teams have been involved in most big-ticket transactions in the oil & gas, mineral resources sector, in Egypt, developing focused expertise while maintaining a strong reputation for efficiency, high standards and reliability. Most of our client base consists of international corporations, investment and wealth funds, international developmental financial institutions and international investment and commercial banks, in addition to key local players.
We are the trusted legal advisors for several IOCs and NOCs, advising on issues ranging from M&As, financing, negotiating, and preparing agreements, as well as corporate, competition, procedural and employment aspects of their business in Egypt. Some of our strategic clients include Centamin Plc, Shell, Eni, Energean Plc, Wintershall Dea, Neptune Energy, KUFPEC, Petronas, Dragon Oil, Dana Gas, United Oil and Gas (UoG), and Dana Petroleum.
Recent work highlights
- Acting as Egyptian legal counsel Energean Plc on the Egyptian law aspects of its acquisition of Edison E&P from Edison SpA, in a global deal that spanned across Italy, Egypt, UK, Croatia and Greece, with an estimated final net consideration of USD of $203 million.
- Advising Dragon Oil Ltd in relation to the execution and post-completion of the acquisition of BP's stake in 11 oil exploration and production concessions and the Gulf of Suez Oil Company (GUPCO), with an estimated value of USD 600 million.
Chambers Review
Sharkawy & Sarhan has a well-respected team based in Cairo that demonstrates outstanding expertise in both renewable and conventional energy matters. It represents several leading petrochemicals companies in the acquisition of oil and gas concessions. The team also acts for an impressive list of investment banks and export credit agencies in the financing of construction and oil and gas projects.
Strengths
Provided by Chambers
A client states: "The firm was very proactive in managing communications, taking the lead role and executing it successfully. The attention to detail was commendable and often went beyond my expectations."
A client states: "The firm was very proactive in managing communications, taking the lead role and executing it successfully. The attention to detail was commendable and often went beyond my expectations."
Notable Practitioners
Ahmed Haggag is an esteemed Cairo-based practitioner who is highly sought after by international commercial banking institutions and multilaterals in relation to project finance mandates.
"Ahmed is extremely good, very responsive and represents good value for money."
Mohamed Nabil Hazzaa is based in Cairo and leads Sharkawy & Sarhan’s M&A department as well as its power, utilities and infrastructure practice. He is especially well versed in renewable power projects.
Karim Sarhan is based in Cairo and has a strong grasp of energy sector M&A. He is also known as a sound choice to advise on Egyptian regulatory issues arising from oil and gas projects.
Heba Anwar Raslan is based in Cairo and is an increasingly prominent figure within the firm. Much of her work takes place in the oil and gas sector, and she is an experienced adviser on the acquisition of offshore petrochemicals concessions and other high-value assets.
