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Business Breakfast on the implications of ADNOC’s “In-Country Value” program at SCHLÜTER GRAF

SCHLÜTER GRAF Legal Consultants hosted a Business Breakfast on Thursday, 10 May 2018 in its offices in Business Bay. The speakers Mr. Jens Winkelmann (Managing Director Endress+Hauser UAE LLC), Dr. Tom Deeb (T&M Associates) and our senior lawyer, Dr. Constantin Frank-Fahle, LL.M. informed the attendees about practical experiences with ADNOC’s “In-Country Value” program (“ICV”), the ICV regulatory framework and its legal implications. 

Following a general trend in the region, ADNOC has introduced an ICV program. The program is a procurement-led initiative that aims at focusing on local supplier selection, the development of UAE Nationals, and the localization of critical functionalities in the oil and gas industry.

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SCHLÜTER GRAF was founded in Dortmund in 1946 and continues to grow keeping pace with the increasing requirements of our clients. Today, SCHLÜTER GRAF is a partnership with 25 attorneys, including 4 notaries, with offices in Dortmund, Hamburg and Dubai and with cooperation partners covering the GCC and other countries in the Middle East. For more information please refer to our website http://www.schlueter-graf.de or to the following: