Tarek Eltumi
Partner

Tarek is the founder and a partner at Eltumi Partners. Driven by the aim to create a law firm that would meet the complex, fast-paced needs of both international and Libyan clients, Tarek brings his vision and wealth of legal and commercial expertise to the team. With a highly regarded career that has spanned multiple continents and legal systems, Tarek has acted for the biggest energy and infrastructure companies in the world on a range of innovative and complex contentious and non-contentious matters.

Formerly a partner at the London offices of Hogan Lovells International LLP and general counsel at the Libyan branch of AECOM Inc., Tarek has substantial experience advising international upstream energy companies, commercial banks, multilateral lending agencies, contractors, project sponsors and developers. He focuses on all aspects of upstream and downstream hydrocarbon matters, renewable energy and conventional power projects, corporate M&A and social and economic infrastructure. In addition, Tarek is regularly instructed as expert witness and counsel on major international arbitral and court disputes.

Clients benefit from his deep and nuanced understanding of civil and common law jurisdictions and international best practices, in addition to his clarity of thought and determination in achieving clients’ commercial and strategic objectives. He assists clients in preparing and negotiating agreements, identifying strategic objectives and risks, and applying a thoughtful and dynamic approach to representing their interests.

Based in our London office and regularly working from offices across our network, Tarek is fluent in English and Arabic and is a qualified lawyer in Libya, the State of New York and England and Wales.

• A major US-listed engineering firm in relation to the structuring, negotiation and closing of a USD 1 billion program management contract for the development and upgrade of USD 55 billion worth of housing and infrastructure projects in Libya.
• An international engineering and project management firm in relation to the negotiation of a program management contract for infrastructure development relating to the Qatar 2022 World Cup.
• A major international energy company in relation to the structuring of a 500MW solar power project and preparing and negotiating project agreements.
• The project sponsors in relation to the development of a number of greenfield and brownfield Independent Power Projects in Libya.
• The lenders in relation to a USD 225 million loan facility to finance the acquisition of three Aframax crude oil tankers.
• The project authority in relation to the development of a science and technology PPP project in the Kingdom of Saudi Arabia.
• An international energy technology company in relation to the successful bid and negotiation of a major EPC contract.
• A major European energy company in relation to the acquisition of an equity interest in a German hydrogen logistics business with EU-wide operations.
• A major Libyan national oil company in relation to EU anti-dumping rules and the application of international and EU sanctions related to Libya.
• A major Libyan national oil company in relation to the restructuring of a Dutch corporate structure of a major downstream investment project.
• An international energy company in relation to the structuring and negotiation of the voluntary redundancy of its entire workforce on force majeure grounds.
• A major Gulf-based energy company in relation to the acquisition of an EPSA IV interest.
• A major US energy company in relation to abandonment of its EPSA IV interests on grounds of force majeure.
• A major Korean ship builder in relation to its successful ICC arbitration brought against a joint operating company.
• A major European energy company in relation to proceedings to defend against the enforcement of an ICC arbitral award against its assets.