
Overview
Ibaad Hakim is an Abu Dhabi-based partner in the firm’s Energy and Infrastructure practice. Ibaad’s practice focuses on high-end oil and gas, infrastructure and power projects, many of which are project financed. His practice covers the entire lifecycle of a construction and engineering project — from procurement strategy and contract drafting/negotiation to claims advice and dispute resolution. His experience spans a wide range of procurement models, including traditional, design and build, EPC/turnkey, construction management and collaborative contracting.
In addition, Ibaad advises sponsors, government agencies, contractors and consultants on standard form contracts, including FIDIC, NEC, JCT, ICE and IChemE, as well as EPC, ECI, DBOM, BOT/BOOT and PFI contracts and bespoke agreements, in connection with a wide range of industries and jurisdictions.
He is qualified in England and Wales and in Pakistan.
Education
- Qualified Lawyers Transfer Scheme
- BPP University Law School, BVC
- London School of Economics and Political Science, LLB (with Honors)
Representations
- Cleveland Clinic Abu Dhabi on construction-related matters involving Cleveland Clinic Abu Dhabi hospital.
- An Abu Dhabi-based sponsor on an arbitration involving the construction of a hotel in Abu Dhabi.
- Abu Dhabi Ports Group on the review and update of its procurement and construction suite of contracts.
- Solutions Plus on the development of its procurement and construction contracts.
- Etihad Rail on various matters relating to the construction of the railway in the UAE.
- Saudi Arabian Oil Company on the construction and development aspects of a multibillion-dollar integrated steel plates facility involving Baosteel and PIF as co-shareholders.
- Saudi Arabian Oil Company on the construction aspects of the Amiral petrochemical complex involving $11 billion of engineering, procurement and construction contracts.
- Saudi Arabian Oil Company on the construction aspects of the Dammam Stadium, which will be one of the stadiums for the 2034 football World Cup in Saudi Arabia.
- NEOM on all aspects of the procurement and construction of various sub-projects, including the preparation and negotiation of contracts required for:
- ENOWA, NEOM’s renewable energy platform;
- NEOM Investment Office; and
- Trojena, NEOM’s winter tourism destination city.
- The RIG, a PIF-owned entity, on its procurement strategy and construction contracts for the procurement of an offshore theme park.
- Diriyah Company, a PIF-owned entity, on the development of its suite of construction contracts as well as regularly advising on various iterations of those forms for different types of work packages.
- Rua al Madinah Holding Company, a PIF-owned entity, on the development of its suite of construction contracts as well as advising on the procurement strategy for various sub-projects.
- Al Balad Development Company, a PIF-owned entity, on the development of its suite of construction and procurement contracts.
- Middle Eastern government entity in connection with multiple arbitrations involving the construction of an airport.
- Middle Eastern government entity on an arbitration with the main contractor in relation to the delayed and defective construction of a highway.
- Carbon Holdings, as sponsor, on all aspects of the proposed $10 billion Tahrir petrochemical complex in Egypt. Involvement included negotiating and drafting EPC Contracts, O&M Agreements and Contract Management Agreements.
- Engro Corporation on the technology licensing and FEED aspects of its proposed PP/PDH project.
- Lenders in connection with the financing of a $2 billion PDH and PP project in Jubail Industrial City, Saudi Arabia.
- SAFCO Ventures on the design, construction and operation of a sustainable aviation fuel facility in Sheikhapura, Pakistan, involving IFC and ADB.
- International Finance Corporation and a group of other lenders on a series of eight solar power projects in Jordan relating to both Round 1 and Round 2 of Jordan's solar program.
- Nord Stream 2 on the construction and engineering contracts for the approximately €10 billion twin gas pipeline project between Russia and Germany and under the Baltic Sea, including contracts for line pipe supply, line pipe coating, dredging, ploughing, pre-lay and post-lay rock placement, shallow water and landfall pipelay and offshore pipelay (LOGIC based), and onshore construction (FIDIC based).
- Copenhagen Infrastructure Partners on the EPC and O&M aspects of the £ 480 million, 600,000 tonne, 60 MW waste-to-energy plant at the Tata Chemicals-owned Lostock manufacturing site in Norwich, UK.
- Copenhagen Infrastructure Partners on the potential acquisition of the TeesEco 300,000 tonne waste-to-energy being developed at Billingham, County Durham, UK, which included structuring and negotiating the construction and operation arrangements.
- Various sponsors on data centre projects in the UK, involving preparation of tender documentation and negotiation of contracts.
- Woodside as co-venturer on the procurement strategy and the various constructions contracts for the multibillion-dollar SNE Deepwater Oilfield project, including the bespoke contracts for the FPSO (Floating Production Storage Offloading) vessel and the FEED and EPCI of the subsea systems.
- IFC, ADB and a syndicate of local banks on the project financing of the Engro Elengy LNG facility close to Karachi, Pakistan.
- The lenders on two separate offshore wind projects, Project Norther (370MW) and Project Nobelwind (165MW).
Matters may have been handled prior to joining Paul Hastings.