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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 or to the following: