Stibbe advises ADNOC

Matter
NL Law
Expertise
Corporate and M&A Employment, Benefits and Pensions Environment and Planning Banking and Finance Financial Regulation Tax Real Estate Intellectual Property Energy, Industry and Climate EU and Competition Law

Stibbe together with Shearman & Sterling advised the Abu Dhabi National Oil Company (ADNOC) on the acquisition of a 10% interest in VTTI BV, the owner and operator of storage terminals in 14 countries, including amongst others the Netherlands and Belgium, with 60 million barrels of capacity. Vitol and the IFM Global Infrastructure Fund will both own a 45% interest in VTTI.

For more information on the transaction click here.

Key contact(s)

Team