Aramco has finalized the acquisition of a 50% equity stake in the Blue Hydrogen Industrial Gases Company (BHIG) in Jubail, Saudi Arabia, from Air Products Qudra. The move is part of efforts to bolster hydrogen production, specifically lower-carbon hydrogen, in Saudi Arabia's Jubail Industrial City. BHIG intends to produce blue hydrogen from natural gas utilizing carbon capture and storage technology, in line with Aramco's existing CCS activities in the region. This initiative is expected to play a significant role in establishing a hydrogen network within Saudi Arabia's Eastern Province, thus contributing to the country's ambition for lower-carbon energy solutions. Aramco's Executive Vice President, Ashraf Al Ghazzawi, highlighted that this investment aligns with the company's goals of reducing carbon emissions and diversifying its energy portfolio. Additionally, Ahmed Hababou, Chairman of Air Products Qudra, emphasized the importance of this venture in strengthening the hydrogen supply chain for the refining and petrochemical industries. The partnership between Aramco and Air Products Qudra is seen as a strategic move that supports Saudi Arabia's Vision 2030 objectives of advancing sustainable energy solutions and reducing carbon footprint in the region.