The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Trowers & Hamlins has completed another Middle East-related instruction from BP by advising on the disposal of its controlling interest in its Oman operating company BP Oman SAOG
BP's 49 per cent stake has been sold to state-owned Oman Oil Company SAOC, while BP retains a management role in the company. SAOG operates 74 filling stations in Oman, as well as civilian and military aircraft refuelling facilities.
Trowers' Oman partner Andrew Rae, who led the deal, said: "It was remarkable that the entire transaction, from the selection of bidders to final disposal, occurred in just four months." He said that the deal combined aspects of private equity disposal with regulatory requirements relating to a listed company.
Trowers has acted for BP for 20 years. Earlier this year the firm acted for BP on its bid for a share of the $3.5bn (£2.2bn) Dolphin Energy gas production and pipeline project from Qatar to the United Arab Emirates. The firm also acted for Oman's fourth largest bank Bank Dhofar on its acquisition of 16 branches of the Commercial Bank of Oman.