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Looaye M. Al-Akkas
Looaye M. Al-Akkas
Partner — Energy Transactions & Projects
Partner — Energy Transactions & Projects

Looaye M. Al-Akkas

Looaye M. Al-Akkas
Riyadh

The Law Office of Looaye M.
Al-Akkas in Association with
Vinson & Elkins LLP
Kingdom Tower, 49th Floor
2239 Oroubah Road
Olaya, Unit No. 9
Riyadh 12214-9597
Kingdom of Saudi Arabia

Looaye M. Al-Akkas

Experience Highlights

  • A Hong Kong ports operating company on the acquisition of a stake in a Saudi ports and logistics operator

  • A Saudi member of a consortium bidding for the Saudi Haramain Highspeed Rail project

  • China Petrochemical Corporation (Sinopec) on project finance and sponsor financing documentation matters in connection with its joint venture with Saudi Aramco for development of the $10 billion Yanbu Refinery on the west coast of Saudi Arabia

  • A Saudi public company on the procurement and commissioning of a power generation plant in Iraq to provide power to a steel mill

  • Saudi-based Zuhair Fayez Partnership in connection with a joint venture with SNC Lavalin to create one of the largest oil and gas and petrochemical engineering and EPCM services companies in the Middle East

  • A Saudi public company on the financing and procurement of scrap metal in Iraq

  • Ahmad Hamad Al Gossaibi & Bros (AHAB) in Saudi Arabia’s largest restructuring and settlement negotiations with creditors

  • A multinational industrial investor in relation to structuring a petrochemical derivatives complex in Ras Tanura, Saudi Arabia

  • A European petrochemicals company in structuring a petrochemicals project with a major Saudi petrochemicals company

  • Transaction counsel in the initial public offering of 240 million shares in a petrochemical company based in Jubail

  • Restructuring a major industrial services company to facilitate a merger with an international investment fund

  • A major Italian industrial company in relation to a joint venture with ELSEIF Investment Company to establish a construction material manufacturing company

  • Saudi and foreign clients in the formation of joint venture companies, including with respect to negotiating constitutive corporate documents, shareholders’ agreements, technical services, and share-purchase agreements

  • Saudi and foreign clients regarding a wide range of distribution, agency, and franchise matters

  • A major Saudi refining and petrochemical company in connection with its initial public offering

  • A major Saudi-based refining and petrochemical company in connection with the administration of and compliance with project finance documentation, including contract review, appraisals, and bid processing

Credentials

  • University of Miami School of Law, J.D. cumlaude, 2004
  • University of Pittsburgh, B.S., Electrical Engineering cum laude, 2000
  • Chambers Global, Corporate/Commercial (Saudi Arabia), 2018−2020; “Recognized Practitioner,” 2021
  • Legal 500 EMEA, Projects and Energy: Saudi Arabia, 2018 and 2020; Commercial, Corporate and M&A: Saudi Arabia, 2020
  • Member: American Bar Association
  • New York
  • Fluent in Arabic and English