Aramco plans to develop CCUS capacity at its Jubail industrial complex
Aramco doubles down on blue hydrogen and ammonia
The Saudi NOC plans to produce 11mn t/yr of blue ammonia by 2030
State-owned Saudi Aramco plans to focus on producing blue hydrogen and ammonia amid a ramp-up of both gas production and CCS technology, rather than investing in renewables to power electrolysis, according to its 2022 annual report. Aramco plans to expand gas production by more than 50pc by 2030, with the Jafurah field—expected to produce up to 2bn ft³/d (56.6mn m³/d) by 2030—anticipated to provide feedstock for hydrogen and ammonia production. The company also intends to construct a 9mn t/yr CCS project at the Jubail industrial complex, expected to be one of the largest in the world on startup in 2027. Aramco has also set up a $1.5bn sustainability fund to invest in energy transition techno
Also in this section
23 January 2025
Russia, Poland and Romania are the biggest players when it comes to hydrogen projects in the region
23 January 2025
The UK leads Western Europe in terms of active hydrogen project market share, but developments are planned across Italy, Spain, Portugal, the Netherlands and the Nordic countries
23 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
21 January 2025
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition
