EXPERTISE

Oliver is a partner and head of our Oman corporate practice. Oliver has over sixteen years’ experience of advising clients on the legal aspects of regional and international mergers and acquisitions, joint ventures, private equity investments and general corporate governance and compliance matters. His clients include a number of international blue-chip organisations from a wide variety of sectors. Oliver was ranked by Legal 500 EMEA 2020 as a 'Leading Individual' for Commercial, Corporate and M&A in Oman and his team was ranked in Tier 1. 

Oliver has advised clients in relation to the following matters:

  • China State Grid on its circa US$ 1 billion acquisition of 49% of the share capital of Oman Electricity Transmission Company, a part of the partial privatisation of the electricity sector in Oman
  • WorleyParsons on Oman aspects of its US$ 4.6 billion acquisition of Jacobs' Energy, Chemicals & Resources division, a leading global technical services provider across hydrocarbons, chemicals, mining and minerals
  • DP World on Oman aspects of its US$ 1.08 billion acquisition of Dubai-headquartered oil services and marine logistics company Topaz Energy and Marine
  • Oman Investment Fund on the US$ 130 million disposal of 15% of the share capital of Oman International Development and Investment Company SOAG (Ominvest)
  • Oman Telecommunications Company SAOG (Omantel) on its minority investment in Renna Mobile, a mobile telecommunications reseller
  • Raysut Cement Company SAOG, a cement company listed on the Muscat Securities Market, on its US$ 60 million acquisition of Sohar Cement Factory LLC
  • The shareholders of AATCO Food Industries, one of the largest suppliers of sauces and condiments in the Middle East to customers such as KFC and McDonalds, on its US$ 70 million sale to Kerry Foods
  • Mars Development and Investment on the acquisition of Purshottam Kanji Exchange, a leading currency exchange business in Oman
  • Ensign International Energy Services, which provides drilling services to the oil and gas industry, on the sale of 30% of its shares from Gulf Petrochemical Services to Leadership Dynamics
  • Oman National Investments Development Company on its US$ 45.7 million subscription for, and acquisition of, a significant minority interest in Awasr Oman and Partners, a leading provider of fibre optic services in Oman 
  • Bank Sohar  on its proposed merger with BankDhofar in Oman, which would have created a merged entity with a market capitalisation of approximately US$ 1.8 billion
  • Alizz Islamic Bank on its proposed merger under the new Oman Commercial Companies Law with Oman Arab Bank
  • Rolls-Royce on regional aspects of the £985 million sale of its gas turbines and compressors energy business to Siemens
  • The management of Oman Investment Corporation on a management buy-out, which we understand was the first successful leveraged management buy-out in the GCC region
  • Al Jarwani Group on its joint venture with Swissport in relation to ground handling services at the new terminal at Muscat International Airport
  • Oman Brunei Investment Company on the sale of its investment in Renna Mobile, a mobile telecommunications reseller
  • Iskan Oman Investment Company on its US$ 35 million purchase of shares in a company which owns and operates a number of schools in Oman
  • Aer Rianta International on its joint venture with Oman Air to manage the duty free outlets at the new terminal at Muscat International Airport
  • Oman Brunei Investment Company on its investment in a new hospital to be constructed in Muscat with IdealMed (a Portuguese hospital operator) and Suhail Bahwan Group
  • UPAC, a listed Kuwaiti projects company, in relation to its US$ 250 million investment and shareholding arrangements in the US$ 1 billion Reem Mall project in Abu Dhabi
  • Havenvest Private Equity on its investment in the Middle East division of the Help AG Group, an IT and Internet security services business
  • Anglo Arabian Healthcare on its acquisition of a majority interest in a number of market leading polyclinics in Dubai
  • Al Noor Hospital Group on its purchase of a medical centre located in Abu Dhabi
  • one of the world's largest security service providers on a potential merger and joint venture in the UAE
  • SCA, a leading global hygiene company, on its joint venture with a UAE based manufacturing company
  • Umbro International on its purchase of a 75% interest in a Hong Kong sportswear company
  • Agfa in relation to the global re-organisation of its Graphics, Healthcare and Materials divisions.

Oliver is an English qualified lawyer who has worked in the GCC region since 2012. Prior to joining Addleshaw Goddard, Oliver worked in the London office of US firm White & Case and the Dubai office of Clyde & Co. Oliver studied law at the College of Law in Guildford and obtained a first class law degree from the University of Warwick in the UK.

Professional qualifications
  • Solicitor admitted in England and Wales
Testimonials

Addleshaw Goddard is 'one of the premier legal firms in Oman' with 'a very strong commercial team' consisting of both expat and local Omani lawyers with 'very strong ties with local ministries in the Sultanate'. The 'extremely diligent and knowledgeable' Oliver Stevens leads the practice and is regularly instructed on big-ticket corporate and M&A deals; his recent work includes advising Alizz Islamic Bank on its proposed or merger with Oman Arab Bank. Stevens is typically supported by corporate partner Nasser Al Habsi and associate Ma’athir Al Busaidi, who 'never hesitates in answering queries' and 'goes out of her way to answer any questions'.

LEGAL 5OO EMEA 2020

‘Oliver and his team are very helpful, active, and are available when you need them. Their strength lies in their personalised and friendly service. It is very professional yet in a very friendly manner.’

LEGAL 5OO EMEA 2020

‘Oliver is a very friendly and down to earth person. He represented us well in the negotiations in our deals. He is prompt in returning the work required from him. Very understanding when it comes to fees, and favours providing quality work over trying to save money if he reaches his cap on fees.’

LEGAL 5OO EMEA 2020

‘I would highly recommend his services for all M&A related activities. He always made time for our engagement and no request was ever too much.’

LEGAL 5OO EMEA 2020

‘Extremely personable and very easy to work with. Communication throughout was a strength, alongside transparency of costs. The team at Addleshaws are my ‘go to’ lawyers for support in day-to-day corporate and commercial matters in Oman.’

LEGAL 5OO EMEA 2020

‘They have a thorough understanding of the law, coupled with good dual Arabic/English lawyers for effective management of legal matters in this jurisdiction. They are all very responsive and eager to please.’

LEGAL 5OO EMEA 2020

‘Oliver Stevens is always quick to respond to queries, whether large or small and regularly works overtime to deliver an advice on time. He has a thorough knowledge of the law in Oman, coupled with practical knowledge about the realities of working in this jurisdiction.’

LEGAL 5OO EMEA 2020

‘Oliver Stevens is extremely diligent and knowledgeable.

LEGAL 5OO EMEA 2020

Oliver Stevens leads the corporate group and has a growing profile in the market. He has advised on major M&A and private equity transactions, as well as Omani joint ventures. Clients find him to be "fantastic" and "very approachable," giving further praise for his high level of responsiveness.

CHAMBERS OMAN 2020

Oliver Stevens heads the Oman corporate team. He is commended by sources for his responsiveness and strong client-service skills. An extremely satisfied interviewee noted: "He was very, very responsive. You got a response from an e-mail in a few hours, and he would be available at any time, which is great. His answers were concise and to the point."

CHAMBERS OMAN 2019

Head of corporate Oliver Stevens impresses clients with his responsiveness. Sources say: "He really understands the requirements of his clientele and it's reflected in his work." Another source praised his ability to provide "practical solutions."

CHAMBERS OMAN 2018

Oliver Stevens has an in-depth knowledge of local laws and customs and is always available to me at the right time and with the right advice.

GC, MAJOR PROJECTS, WORLEYPARSONS GROUP OF COMPANIES

Oliver is responsive, practical and a pleasure to deal with. 

DIRECTOR LEGAL COUNSEL, EMIRATES INTEGRATED TELECOMMUNICATIONS COMPANY (DU)

Education
  • University of Warwick (First Class Honours)
  • School of Law, Guildford (Postgraduate Diploma in Legal Practice with Distinction)