Logo ofSaudi Aramco
Saudi Arabian Oil Co. (Saudi Aramco) completed today, March 24, the acquisition of a 50% stake in the Jubail-based Blue Hydrogen Industrial Gases Co. (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ). 
The deal brings together industry experts to supply hydrogen, including low-carbon hydrogen, at scale to Jubail Industrial City.
BHIG focuses on producing hydrogen from natural gas using carbon capture and storage, commonly known as “blue hydrogen.”
Commercial operations for blue hydrogen production will launch in coordination with Aramco’s carbon capture and storage activities in Jubail.
Aramco expects this investment to expand the hydrogen network in Saudi Arabia’s Eastern Province. The network, along with Jubail’s carbon capture hub, will help Aramco tap into global opportunities to reduce emissions, drive growth, and diversify its energy portfolio.
Aramco signed definitive agreements in July to acquire stakes in BHIG, a wholly owned APQ subsidiary, according to Argaam’s data.
Logo ofSaudi Aramco
Saudi Arabian Oil Co. (Saudi Aramco) completed today, March 24, the acquisition of a 50% stake in the Jubail-based Blue Hydrogen Industrial Gases Co. (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ).
The deal brings together industry experts to supply hydrogen, including low-carbon hydrogen, at scale to Jubail Industrial City.
BHIG focuses on producing hydrogen from natural gas using carbon capture and storage, commonly known as “blue hydrogen.”
Commercial operations for blue hydrogen production will launch in coordination with Aramco’s carbon capture and storage activities in Jubail.
Aramco expects this investment to expand the hydrogen network in Saudi Arabia’s Eastern Province. The network, along with Jubail’s carbon capture hub, will help Aramco tap into global opportunities to reduce emissions, drive growth, and diversify its energy portfolio.
Aramco signed definitive agreements in July to acquire stakes in BHIG, a wholly owned APQ subsidiary, according to Argaam’s data.
