Brooge Energy Ltd, a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, announced that it has engaged the services of Freshfields Bruckhaus Deringer, a renowned global law firm, as its legal advisor to advise on the acquisition transaction proposed by Gulf Navigation Holding PJSC.

The announcement comes following GULFNAV’s proposal to acquire all of the businesses and assets of Brooge Energy Limited, which was publicly disclosed in a press release on October 3, 2023.

Freshfields, with its unrivalled cross-border expertise and leading public M&A practice, make them an ideal partner for guiding the company through the complexities of this proposed transaction. Freshfields frequently acts on the most challenging and complex global client mandates. As a top-ranked law firm in the jurisdictions that matter most for the transaction, the UAE and the US, Freshfields is well-positioned to provide expert legal guidance throughout the proposed acquisition process.

“We are excited to have Freshfields on board as our legal advisor for this proposed transaction with GULFNAV, the vast experience and global reach of Freshfields will be invaluable in ensuring that the proposed acquisition process proceeds smoothly and efficiently,” said Paul Ditchburn the chief financial officer and chair to the office of the chief executive officer of Brooge Energy.

For more information visit www.broogeenergy.com

25th October 2023