Jack Allen-Fitt
Counsel, London / Abu Dhabi
Overview
Education and qualifications
Overview
Jack is an Energy/Energy Transition and Infrastructure specialist with 20 years’ international experience, focussing on the Middle East and developing markets. He is based between London and Abu Dhabi.
Jack is a former engineer and has particular expertise advising on the development and financing of large-scale greenfield low carbon hydrogen, petrochemicals/O&G, carbon capture, power, utilities and infrastructure projects, and on secondary market M&A and financing of such projects. He has over a decade’s experience advising on deals in the Middle East, including during the four years in which he was based in the region full time.
Work highlights
Jack has led or been a key adviser on several innovative, first-in-market and large-scale transactions. These include advising on:
- BAPCO Refinery Expansion, Bahrain: advising the NOC-owned Bahrain Petroleum Company (Bapco) on the multi-source conventional and Islamic financing of a +US$7bn refinery upgrading and expansion project, backed by ECAs (including SACE, UKEF, CESCE, K[1]EXIM and K-SURE). Multiple awards, including MENA Oil & Gas Deal of the Year, IJ Global Awards 2020
- Green H2/NH2, Oman: Lenders and ECAs/DFIs on the financing and due diligence aspects of a first-in-kind green hydrogen and ammonia project in Oman
- Mirfa IWPP refinancing, UAE: advising the lenders on the refinancing of the US$1.5bn Engie-sponsored Mirfa IWPP in Abu Dhabi. MENA Refinance Deal of the Year, IJ Global Middle East Awards 2022
- NEOM Residential Communities PPP, Saudi Arabia: advising NEOM on the procurement and development of its $multi-billion residential communities PPP programme
- Nord Stream 2, Russia: advising Gazprom as sponsor/shipper on US$11bn Nord Stream 2 55bcm gas pipeline project
- bp Petrochemicals Disposal, global: advising bp on the disposal of its US$5bn global acetyls and aromatics business to Ineos
- ExxonMobil, North Sea: advising ExxonMobil on the restructuring and disposal of its +US$1bn portfolio of North Sea upstream and midstream oil and gas interests to NEO Energy