We signed agreements to acquire a 50% stake in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG) This transaction includes options for us to offtake lower-carbon hydrogen and nitrogen Learn more https://bit.ly/4cHOl1Q #aramco
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Congratulations to Aramco on this significant milestone! Acquiring a 50% stake in the Blue Hydrogen Industrial Gases Company marks a major step forward in the journey towards a sustainable future. This strategic move not only demonstrates Aramco's commitment to lower-carbon solutions but also highlights the innovative approaches the company is taking to address global energy challenges. Aramco's dedication to sustainability and cutting-edge technology continues to set a benchmark in the industry. The integration of hydrogen and nitrogen options reflects your forward-thinking vision and dedication to reducing emissions. Your efforts are truly paving the way for a greener and more sustainable energy sector. Looking forward to following Aramco's journey and witnessing the positive impact of your initiatives. Keep up the incredible work! #aramco #sustainability #innovation
Interesting!
Congratulations on this exciting partnership! I'm curious to learn more about how this acquisition will shape the future of clean energy.
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Fantastic update! Our discussion there were around blue hydrogen and how hydrogen fuel cell vehicles delivery could be promoted. In 2022, hydrogen vehicles were thought to be Farfetch; hybrids now have a nitch market to say that other actors could fall through who undoubtedly would not put money in but based on what we curved our framework thoughts on, they were clear about their championship on GIGA Press technology that could make hydrogen fuel cell vehicles of all types rollout doubt something of the past. At this point our undertaking is not about green hydrogen production although this option could also be pursued.
Exciting news from aramco! The acquisition of a 50% stake in BHIG and the inclusion of options for lower-carbon hydrogen and nitrogen offtake highlight a strong commitment to advancing sustainable solutions. Looking forward to seeing how this partnership contributes to the future of industrial gases and environmental stewardship.
Aramco is a very responsible company. Just that it needs to become more conscious while in investing in companies like Pakistan. Recently, I got to know that Aramco had acquired shares of Go Petroleum. Just that Go petroleum's owner is doing a big fraud in the real estate sector in the name of constructing towers in Lahore and Faisalabad. No construction since their launch (many years ago) and investors are being deprived of their rights and threatened for legal consequences as the contracts are unfavorable to investors. Very bad reputation of this company which can lead to reputational damage to Aramco.
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