Energy and chemicals company Aramco has acquired a 50% stake in Air Products Qudra's blue hydrogen subsidiary in Saudi Arabia, known as Blue Hydrogen Industrial Gases Company (BHIG). BHIG plans to produce blue hydrogen with carbon capture technology at Aramco's carbon capture and storage sites in the Jubail Industrial City area, offering hydrogen at scale. This move is part of the venture's strategy to capitalize on emerging opportunities in Saudi Arabia and globally. The agreement also allows Aramco to potentially acquire nitrogen and hydrogen from BHIG, contributing to the development of a hydrogen network in Saudi's Eastern Province for the refining, chemical, and petrochemical industries. The collaboration signifies efforts to boost the country's position as one of the leading hydrogen exporters. Saudi Arabia, with its significant hydrogen consumption across various industries, aims to achieve four million tonnes of low-carbon hydrogen production annually by 2035, aligning with its sustainability and industrial development objectives.