Aramco secures a 50% stake in hydrogen company BHIG

Aramco has acquired a 50% stake in Jubail-based Blue Hydrogen Industrial Gases Company (BHIG) from Air Products Qudra (APQ) to expand hydrogen production in Saudi Arabia’s Eastern Province. The partnership aims to scale hydrogen supply, including lower-carbon blue hydrogen, to support industrial operations in Jubail Industrial City.

BHIG is set to produce hydrogen from natural gas while capturing and storing carbon dioxide, a process that aligns with Aramco’s carbon capture and storage (CCS) initiatives in the region. Once operational, BHIG will integrate with Aramco’s CCS hub in Jubail, reinforcing efforts to provide lower-carbon energy solutions.

Aramco Executive Vice President of Strategy & Corporate Development Ashraf Al Ghazzawi emphasized the strategic importance of the investment, stating that it would help develop a hydrogen network in the Eastern Province, opening opportunities to reduce carbon emissions and diversify the energy sector both locally and globally.

Air Products Qudra Chairman Ahmed Hababou highlighted the joint venture’s role in strengthening Saudi Arabia’s hydrogen network, which serves the refining, chemical, and petrochemical industries. Meanwhile, Vice-Chairman Mohammad Abunayyan expressed confidence in the partnership, citing its alignment with Vision 2030’s objectives for sustainable energy development.