Aramco has successfully completed the acquisition of a 50% equity interest in the Blue Hydrogen Industrial Gases Company (BHIG) located in Jubail, Saudi Arabia. The collaboration, in partnership with Air Products Qudra (APQ), is strategically aimed at bolstering the supply of hydrogen, particularly focusing on lower-carbon hydrogen production in Jubail Industrial City. BHIG specializes in the production of blue hydrogen derived from natural gas through the process of capturing and storing carbon dioxide. The company is set to commence commercial operations, in alignment with Aramco's carbon capture and storage initiatives in Jubail, emphasizing a commitment to sustainability and environmental responsibility. Ashraf Al Ghazzawi, Aramco's Executive Vice President of Strategy & Corporate Development, highlighted the investment's significance in fostering a hydrogen network in Saudi Arabia's Eastern Province, capitalizing on emerging opportunities to reduce carbon emissions and diversify energy sources globally. Ahmed Hababou, Chairman of Air Products Qudra, emphasized the joint venture's dedication to developing a strong hydrogen network in the Eastern Province, catering to vital industries such as refining, chemical, and petrochemical. The collaboration has been lauded by Mohammad Abunayyan, Vice-Chairman of Air Products Qudra, as a strategic move to drive lower-carbon energy solutions and align with Saudi Arabia's Vision 2030, which envisions a more sustainable and diversified energy sector.