Energy and chemicals company Aramco, industrial gas giant Linde, and technology company SLB have joined forces to develop what they envision as one of the world’s largest carbon capture and storage (CCS) hubs in Saudi Arabia.
Unveiled today (4th Dec), the first phase of the project in Jubail hopes to capture and store up to nine million metric tonnes of carbon dioxide (CO2) annually from three Aramco gas plants, among other industry sources.
The captured CO2 will be transported through a pipeline network and stored below ground in a saline aquifer sink, utiising the Kingdom’s geological CO2 storage.
Aramco will hold a 60% stake in the project, with Linde and SLB each holding a 10% stake. The trio hope to have the hub operational by the end of 2027.
