{"id":95610,"date":"2025-03-25T00:00:00","date_gmt":"2025-03-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/"},"modified":"2025-03-25T00:00:00","modified_gmt":"2025-03-25T00:00:00","slug":"aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/","title":{"rendered":"Aramco snaps up a 50% stake in Blue Hydrogen Industrial Gases"},"content":{"rendered":"

Aramco completed the acquisition of a 50% stake in Jubail-based Blue Hydrogen <\/strong>Industrial Gases Company (BHIG) from its sole owner Air Products Qudra (APQ) \u2014 <\/strong>a joint venture between US industrial gas supplier Air Products<\/a> and homegrown energy startup Qudra Energy<\/a>, according to a joint statement<\/a>. BHIG is expected to use Aramco\u2019s carbon capture and storage (CCS) hub in Jubail to commence commercial production. The size of the transaction was not disclosed.<\/p>\n

REFRESHER-<\/strong> The state-owned oil giant inked the final agreements for the transaction in July 2024. saying that it expects its investment in BHIG to help create a lower-carbon hydrogen network in the Eastern Region that would serve local and regional customers in the refining, chemical and petrochemical industries. It also said it will have the option to offtake hydrogen and nitrogen from BHIG. <\/p>\n

What they said: <\/strong>\u201cAramco\u2019s investment in BHIG is expected to contribute to the development of a hydrogen network in the Kingdom of Saudi Arabia\u2019s Eastern Province. This network, along with our CCS hub in Jubail, can help us capitalize on emerging opportunities both domestically and globally,\u201d said Aramco\u2019s executive vice president Ashraf Al Ghazzawi.<\/p>\n

The second Aramco acquisition in less than a week?<\/strong> Aramco reportedly acquired Peru\u2019s downstream fuel distributor Primax last Friday<\/a> in a transaction that included a payment of USD 3.5 bn.<\/p>\n

Market reax: <\/strong>Aramco\u2019s share price rose 0.58% to SAR 25.65 apiece at yesterday\u2019s close, with 7.54 mn shares traded in volume, according to market data<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The JV will use Aramco\u2019s hub in Jubail to commence commercial production<\/p>\n","protected":false},"author":1,"featured_media":95611,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2575],"tags":[139,4135,10,14],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-95610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-aramco","tag-bhig","tag-enterpriseam-ksa","tag-ma-watch","wpautop","entry"],"acf":{"mongo_id":"0641b77a-ed55-45df-a0a8-39ff1423e47f","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/3\/1994.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Aramco snaps up a 50% stake in Blue Hydrogen Industrial Gases","related_issue":[95598],"teaser":"The JV will use Aramco\u2019s hub in Jubail to commence commercial production","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.5abddeef-da26-4e2e-8e51-e1c7fe0e2220.mp3"},"yoast_head":"\nAramco snaps up a 50% stake in Blue Hydrogen Industrial Gases - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aramco snaps up a 50% stake in Blue Hydrogen Industrial Gases\" \/>\n<meta property=\"og:description\" content=\"The JV will use Aramco\u2019s hub in Jubail to commence commercial production\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-25T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1994.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Aramco snaps up a 50% stake in Blue Hydrogen Industrial Gases\",\"datePublished\":\"2025-03-25T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/\"},\"wordCount\":254,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1994.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Aramco\",\"BHIG\",\"EnterpriseAM KSA\",\"M&A WATCH\"],\"articleSection\":[\"M&A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/\",\"name\":\"Aramco snaps up a 50% stake in Blue Hydrogen Industrial Gases - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1994.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-03-25T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1994.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1994.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Aramco snaps up a 50% stake in Blue Hydrogen Industrial Gases\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Aramco snaps up a 50% stake in Blue Hydrogen Industrial Gases - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/","og_locale":"en_US","og_type":"article","og_title":"Aramco snaps up a 50% stake in Blue Hydrogen Industrial Gases","og_description":"The JV will use Aramco\u2019s hub in Jubail to commence commercial production","og_url":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/","og_site_name":"KSA","article_published_time":"2025-03-25T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1994.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Aramco snaps up a 50% stake in Blue Hydrogen Industrial Gases","datePublished":"2025-03-25T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/"},"wordCount":254,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1994.jpg?fit=%2C&ssl=1","keywords":["Aramco","BHIG","EnterpriseAM KSA","M&A WATCH"],"articleSection":["M&A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/","url":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/","name":"Aramco snaps up a 50% stake in Blue Hydrogen Industrial Gases - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1994.jpg?fit=%2C&ssl=1","datePublished":"2025-03-25T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1994.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1994.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/03\/25\/aramco-snaps-up-a-50-stake-in-blue-hydrogen-industrial-gases\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"Aramco snaps up a 50% stake in Blue Hydrogen Industrial Gases"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1994.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1994.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1994.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/95610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=95610"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/95610\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/95598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/95611"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=95610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=95610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=95610"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=95610"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=95610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}