Aramco, a prominent energy and chemicals company, has confirmed its acquisition of a 50% stake in the Blue Hydrogen Industrial Gases Company (BHIG) from Air Products Qudra. The deal, subject to final approvals, will enable Aramco to enhance its lower-carbon hydrogen business and energy solutions. The investment is expected to facilitate the establishment of a lower-carbon hydrogen network in Saudi Arabia's Eastern Province, with a focus on serving local and regional customers. By partnering with APQ, Aramco aims to drive commercial opportunities for hydrogen with reduced emissions, emphasizing their capabilities in carbon capture and storage. The joint venture also aims to create the largest hydrogen network in the Middle East, catering to industries like refining, chemicals, and petrochemicals. BHIG's operations will prioritize producing lower-carbon hydrogen while implementing CO2 capture and storage techniques. This strategic move aligns with Aramco's commitment to new energies and lays the groundwork for a sustainable future energy system.