Derayah LLPC – Saudilegal

Derayah LLPC (formerly Hatem Abbas Ghazzawi & Co.) have been at the forefront of legal developments in Saudi Arabia, advising BP and Royal Dutch Shell in connection with their participation in the Saudi Arabian Gas Initiative known as Core Venture 1, advising the lenders in a limited recourse financing of the first Independent Power Project in Saudi Arabia, advising the project company in the development and construction of the first Independent Water Project in Saudi Arabia, advising the lenders in the first Independent Water and Power Project in Saudi Arabia and its subsequent expansion, advising the sponsors in the first solar power project in Saudi Arabia, advising the lenders on the first wholly Islamic financed project, and acting as counsel to the issuer in the first initial public offering under the new Capital Market Regulation.

As an independent firm, a major part of their practice is to act as Saudi counsel on the instructions of international law firms, which include Allen & Overy, Ashurst, Cleary Gottlieb Steen & Hamilton, Clifford Chance, Davis Polk & Wardwell, Latham & Watkins, Linklaters, Milbank Tweed Hadley & McCloy, Shearman & Sterling, Skadden Arps, Simpson Thacher & Bartlett, and Slaughter and May.