| ABB Industries
ABB Industries
Over the last few years the legal team at ABB has grown more closely aligned with the business in terms of becoming simpler, more flexible, accessible and streamlined. Examples of...
As one of the leading power and automation engineering companies, ABB provides solutions for secure, energy-efficient transmission and distribution of electricity. Among operations in roughly 100 countries worldwide, ABB manufactures a range of power and automation products in Egypt, Saudi Arabia and the United Arab Emirates to serve rising local demand for increased electrical infrastructure. Their legal team, led by general counsel Bapsy Dastur, and has been instrumental to winning recent contracts, such as the $100m deal with Hyundai Heavy Industries to supply electrical and telecommunication systems for an offshore oil field project near Abu Dhabi. Another recent order, worth around $26m, was signed which will see the company supply Gas Insulated Switchgear (GIS) at the first integrated solar combined cycle power plant in Saudi Arabia. In yet a further large deal, an order worth around $40m was received from a leading contracting company in the region to supply high voltage GIS to help address increasing electricity demand and support economic development in Qatar. The legal team also assisted the company to complete a third party channel agreement with turnkey solutions provider Site Technology to help develop commercial uninterruptible power supply services in the UAE. The legal team engages in a concerted effort to support ABB’s global strategy for profitable growth and market penetration, in order to be a partner to the business rather than a ‘watchdog’. Along with this, they always take the necessary legal steps to make sure business activities are in compliance with the regulatory requirements of different jurisdictions.