Aramco has finalized the acquisition of a 50% equity interest in Blue Hydrogen Industrial Gases Company (BHIG) based in Jubail, in collaboration with Air Products Qudra. This venture aims to accelerate industrial carbon reduction and promote the growth of the hydrogen economy. BHIG will focus on producing hydrogen, specifically lower-carbon hydrogen derived from natural gas, known as 'blue hydrogen', through carbon capture and storage. The strategic investment by Aramco is foreseen to establish a hydrogen network in Saudi Arabia's Eastern Province, complementing their carbon capture and storage hub in Jubail. Ashraf Al Ghazzawi, Aramco's Executive Vice President of Strategy & Corporate Development, highlights the importance of this investment in enabling carbon emissions reduction, supporting growth, and diversifying the energy portfolio. BHIG is set to begin commercial operations for blue hydrogen production in coordination with Aramco's carbon capture and storage activities. This collaboration signifies a significant move towards leveraging hydrogen for sustainable industrial practices and seizing new opportunities in the global energy landscape.