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Home ENERGY Projects, energy and infrastructure in the GCC – What does 2024 have in store? | Allen & Overy LLP

Projects, energy and infrastructure in the GCC – What does 2024 have in store? | Allen & Overy LLP

by Press Room


Partner Joe Clinton and Senior Associate Mike Campbell identify seven key trends that will shape the projects, energy and infrastructure sectors in the GCC in 2024.

Green hydrogen to continue its surge?

Last year was big for the green hydrogen industry in the GCC. Alongside the dozens of MOUs entered into and announcements made at COP:

  • In May, the USD8.4 billion NEOM Green Hydrogen Project in KSA reached financial close, the world’s largest commercial-scale green hydrogen production facility to reach this point (we advised the ECAs and lenders).
  • In June, the EU published its…



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