NEOM green hydrogen project underway at Oxagon ...United Arab Emirates

Acwa Power has announced that work is currently underway on a green hydrogen facility at Oxagon – a site located within Saudi’s futuristic city Neom and is due for completion by December 2026. The mega project, being developed by NEOM Green Hydrogen Company (NGHC) – a joint venture between Acwa Power, US industrial gases leader Air Products and NEOM – at a total investment value of $8.4bn, is set to become the largest green hydrogen production facility in the world. NGHC has issued a full notice to proceed (NTP) to the EPC contractor, Air Products, which has now been approved, and filing to the Saudi bourse Tadawul is complete. Following this development, Acwa Power’s $300mn contribution in

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