Overview
Dan Feldman is a partner in the Project Development & Finance practice.
Dan focuses on green energy (including renewables and hydrogen), oil and gas (upstream, midstream and downstream) and power and infrastructure megaprojects around the world. He has been identified by Chambers Global, Legal 500, Who’s Who Legal and Law 360 as a leading lawyer and his team is ranked Band 1 by Chambers 2022 and Legal 500. He acted on Project Finance International’s Global Deal of the Year 2021. Dan represents corporate, government and institutional clients including NEOM, ADNOC, Fortescue Future Industries, Uniper, OCP, Air Liquide, PETRONAS, Reliance Industries Limited, Emirates Global Aluminium, TAQA, EWEC, JBIC and The Dow Chemical Company.
Experience
Energy Transition
- NEOM Company, Saudi Arabia’s new city gigaproject development company, on a $6.5 billion green energy joint venture with ACWA Power and Air Products that will incorporate the region’s largest wind and solar renewables production projects (4GW in total), as well as a ground-breaking green hydrogen / green ammonia export project. Awarded Green Project of the Year at the Global Hydrogen Summit 2021
- ADNOC on the world’s largest blue hydrogen / ammonia megaproject, combining grey hydrogen production with carbon capture and sequestration
- Uniper on offtake from the Hyport Duqm Green Ammonia Project in Oman
- OCP on a green ammonia pilot project with Shell in Morocco
- Fortescue Future Industries on a transaction with E.ON for the sale of to 5 million tonnes of green hydrogen per year.
- The lenders on the $12.5 billion joint venture for the Jazan IGCC / ASU project, the largest grey hydrogen project in the world. Awarded Global Deal of the Year at the PFI Awards, 2021; and MENA Hybrid Energy Deal of the Year at the IJGlobal Awards 2021
- Ardian on hydrogen investment and incentive strategic matters
Oil & Gas and Petrochemicals
- The Dow Chemical Company on the $10.5 billion financial and commercial restructuring of its joint venture with Saudi Aramco in relation to the $20 billion world-scale integrated Sadara chemicals complex in Saudi Arabia. Awarded MENA Petrochemicals Deal of the Year at the IJGlobal Awards 2021
- ADNOC on a on a $10 billion greenfield petrochemicals project in India
- ADNOC on the $80 billion greenfield Ratnagiri integrated refining and petrochemicals project in India
- ADNOC on a greenfield crude-oil-to-chemicals project in Indonesia
- PETRONAS in relation to its $28 billion RAPID integrated refinery and petrochemicals project in Pengerang, Malaysia, including the $7 billion acquisition of an interest by Saudi Aramco in parts of the project
- The Dow Chemical Company in relation to the joint venture, feedstock, marketing and other core commercial arrangements for the $20 billion Sadara Integrated Refinery project carried out with Saudi Aramco in Jubail, Saudi Arabia
- Indorama Public Ventures, the world’s largest polyester producer, on the $3.5 billion Tacaamol greenfield petrochemicals project in Abu Dhabi, UAE
- The Dow Chemical Company on its $150 million joint venture with Al Hejailan to establish a downstream petrochemicals facility in Saudi Arabia
- BAPCO on the $6.5 billion upgrade and expansion of the Bahrain Refinery
- Sharjah NOC on the Sharjah LNG project and numerous other matters
- ADNOC in relation to its contractual arrangements relating to feedstock supply and product distribution and sales
- ICIG on the acquisition of a large portfolio of petrochemical production assets from INEOS
- Dolphin Energy Limited on gas supply arrangements for key UAE utilities
- A consortium of investors in the potential acquisition of a large portfolio of midstream LNG assets in the Americas and Europe, including liquefaction terminals, marketing and shipping capabilities and assets, and power assets
- The Dow Chemical Company in relation to the arrangements for shared facilities and services, utilities and operational arrangements for the $1.6 billion sale of the plastics, rubber, and latex “Styron” businesses to Bain Capital
- The Dow Chemical Company in relation to the structuring of core infrastructure and service contracts and arrangements agreements for a $11 billion petrochemicals joint venture between Dow and the Petrochemical Industries Company of Kuwait
- Sonangol in relation to various aspects of the Angola LNG Project
Metals & Mining
- Emirates Global Aluminium on a $1.6 billion bauxite mine and related infrastructure in Guinea
- Mubadala on its acquisition of various energy and mining assets from EBX in Brazil
Power and Renewables
- NEOM Company, Saudi Arabia’s new city gigaproject development company, on a $6.5 billion green energy joint venture with ACWA Power and Air Products that will incorporate the region’s largest wind and solar renewables production projects (4GW in total), as well as a ground-breaking green hydrogen / green ammonia export project. Awarded Green Project of the Year at the Global Hydrogen Summit 2021
- The lenders on the $12.5 billion joint venture for the Jazan IGCC / ASU project, the largest grey hydrogen project in the world. Awarded Global Deal of the Year at the PFI Awards, 2021; and MENA Hybrid Energy Deal of the Year at the IJGlobal Awards 2021 ADNOC on the world’s largest blue hydrogen / ammonia megaproject, combining grey hydrogen production with carbon capture and sequestration
- Uniper on offtake from the Hyport Duqm Green Ammonia Project in Oman
- OCP on a green ammonia pilot project with Shell in Morocco
- Fortescue Future Industries on a significant strategic green hydrogen transaction
- Ardian on hydrogen investment and incentive strategic matters
- Lenders in relation to the $3 billion 2,525 MW / 136.5 MIGD “Facility D” IWPP in Qatar, which was awarded Project Finance Deal of the Year 2016 by IFLR
- Lenders in relation to the Mitsui / Engie bid for the 2,300 MW / 105 MIGD "Facility E" IWPP in Qatar.
- Masdar and Bee’ah on the development and financing of the pioneering Sharjah Waste-to-Energy Project in Sharjah, UAE
- Masdar (Future Energy Company) on its development and financing of the 158 MW Čibuk 1 Wind Farm in the Republic of Serbia
- The sponsors on the development and financing of the Northern Emirates CCGT project
- Masdar in relation to various investments in renewables projects in Europe
- Lenders in relation to the Musandam IPP, Barka 3, Salalah and Sohar IWPPs in Oman
- A Californian start-up on a major innovative solar oil project in Oman
- Lenders in respect of the EPC and other infrastructure and service-delivery contracts for the Al Dur IWPP in Bahrain
- Lenders in respect of the project structuring and documentation for the proposed coal mine and 4,000 MW power station projects at Mmamabula in Botswana
Other
- Jaguar Land Rover in relation to a proposed $5 billion greenfields manufacturing project in Saudi Arabia
- A co-joint venturer in the construction of the $2 billion Abu Dhabi Louvre Museum project, in relation to the joint venture arrangements
Qualifications
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Education
Monash University, Australia
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Admissions
- Victoria, Australia
- England and Wales
Of Note
Awards & Accolades
- Listed by Chambers Global for Middle East-wide Projects & Energy (2021 / 2022)
- ‘Recommended’ by Legal 500 EMEA 2021 for UAE Oil, Gas and Natural Resources
- “Dan Feldman is emerging as a go-to lawyer for Middle Eastern energy and infrastructure projects, and is known for his work advising on the full life cycle of power deals” – Chambers Global 2022
- “Dan is impressive, thoughtful and organised. He's a great problem solver who is extremely knowledgeable about us and the Middle East region” – Chambers Global 2022
- “Dan is great, he's really user-friendly and very responsive. He's a real pleasure to deal with” – Chambers Global 2022
- “Dan Feldman is always available to receive comments and respond back promptly while providing complete answers. We feel we are talking to the expert” – Legal 500 EMEA 2021
- Dan Feldman is a “key name in the practice” – Legal 500 EMEA 2021
- “Dan Feldman provides a comprehensive legal opinion, with attention to detail and the ability to explain intricate legal points in simple business terms” – Legal 500 EMEA 2021
- “Dan Feldman has a strong background in project development and finance” – Legal 500 EMEA 2021
- Listed in Who's Who Legal 2020 as a Recognized Practitioner in Project Finance
- Highly regarded for Project Development & Finance by IFLR1000 2021
- Ranked by Legal 500 EMEA 2019 as a “Next Generation Lawyer”
- Listed in Who’s Who Legal 2018 as an “Expert” in Energy Law
- Named by Law360 2016 as a “Rising Star” noted for his “skillful handling of ambitious and complex industrial and infrastructure megaprojects” and his use of “novel structures and innovative financing arrangements”
Publications
- Author, UAE Oil & Gas Q&A, Lexology Navigator, December 2018