Yanal Abul Failat

Biography

Yanal is a Senior Associate in the Corporate Commercial practice based in Dubai and a core member of Al Tamimi & Company’s Energy and Resources Practice Group.

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Recent Experience

Oil and Gas Corporate, M&A, and Joint Ventures 

Highlights of Yanal’s corporate/M&A experience include advising:

• Maha Energy on selling to Mafraq Energy LLC 35% of its participating interest in Block 70, an onshore oilfield in central Oman, pursuant to a farm-out agreement and negotiating the associated joint operating agreement.
• a South East Asian Independent Oil and Gas Company on its acquisition of a 40% interest in two blocks onshore Oman.
• an Investment Company on the proposed sales of its stake in an oil and gas transport company based in Abu Dhabi.
• an Independent E&P Company on a range of corporate commercial matters, including commercial aspects of its investments into and non-operating interest in a natural gas field as well as the supply of natural gas to a national electricity company and purchasers in foreign markets*
• an Independent E&P Company on its proposed divestiture from its gas and LNG*. trading/shipping business in Egypt*
• a Southeast Asian E&P company on its proposed acquisition of oil and gas assets in the Kurdistan region of Iraq*
• an Independent E&P Company on its investment and participation in offshore gas concessions in Egypt (value confidential)*
• Sapura Energy Berhad on its agreement to establish a joint venture with Austrian state-controlled company OMV (c.US$900 million)*
• SapuraKencana Petroleum Berhad on its acquisition of Newfield’s oil and gas assets in Malaysia and China (c.$1.3 billion)*
• CEFC China Energy on its proposed acquisition of 14.2% of Rosneft Oil Company’s shares from Glencore and Qatar Investment Authority (c.$9 billion)*
• a Leading Oil and Gas Company on a series of strategic acquisitions of shares in private oil and gas companies in the Russian Federation (c.US$5 billion)*
• an Independent E&P Company on its proposed acquisition of oil mining licences and related assets in Nigeria (value confidential)*
• a European E&P Company on its acquisition and/or participation in several fields and prospects in Denmark, Falkland Islands, Faroe Islands, Greenland, Iceland, Netherlands, Norway, and the UK*

Commercial (Oil and Gas)

Highlights of Yanal’s commercial experience include advising:

• a DIFC incorporated trader on a crude oil sale and purchase agreement and related security and subordination agreements.
• a Singaporean gasoline trader on a gasoline sale and purchase agreement.
• a DIFC-incorporated crude oil trader on the negotiation of a terminal use agreement in Southeast Asia
• an Independent Gas Producer on the drafting and negotiation of long-term gas sale and purchase agreements*
• an Independent Gas Producer on its existing standard gas sale and purchase agreements*
• an Oil Trader on the drafting of its standard terms and conditions for the sale and purchase of crude oil*

Mining and Power

Highlights of Yanal’s mining and power experience include advising:

• a National Utility Company on its proposed joint venture relating to cross-border electricity distribution and transmission in Southern Africa*
• a Rare Earth Mining Company on aspects of a proposed mining development agreement in South-eastern Africa*
• a Mining Contractor on a range of corporate commercial matters, including the structuring of its international arm and its participation in mining-related joint ventures in Africa*
• an Investment Fund on the development of a proposed mining infrastructure development programme in Ghana*

General Corporate Commercial and Venture Capital

Highlights of Yanal’s corporate commercial experience include advising:

• Modo Energy Limited, an energy data analytics company, on its c.US$3.8 million Series A financing led by Fred Olsen Ltd*
• HYOX Limited, a developer of liquid hydrogen fuel, on its establishment in the UK, seed financing, and general corporate and commercial matters*
• Starchaser Industries Ltd, a UK private-owned space tourism company, on space regulatory matters*
• a Jordanian Renewable Energy Company on its joint venture with a US company for the replacement, supply, installation, and operation of conventional streets lighting units with energy-saving units in Jordan and the Palestinian Territories*
• several start-ups on a range of agency, distribution, and franchise in the MENA*

* Prior to joining Al Tamimi and Company.