- Phase One Capacity: The Jubail CCS hub will capture and store up to 9 million metric tons of CO₂ annually by 2027.
- Net-Zero Goals: The project supports Aramco’s aim for net-zero Scope 1 and 2 emissions by 2050 and a 15% reduction in upstream carbon intensity by 2035.
- Global Collaboration: The hub highlights the role of international partnerships in advancing decarbonization technologies.
Aramco, Linde, and SLB have signed a shareholders’ agreement to develop one of the world’s largest Carbon Capture and Storage (CCS) hubs in Jubail, Saudi Arabia. The project, a cornerstone of Aramco’s decarbonization strategy, aligns with the Kingdom’s 2060 net-zero goals and represents a circular carbon economy approach to emissions reduction.
Phase One Impact:
The CCS hub’s first phase, expected to be operational by 2027, will capture up to 9 million metric tons of CO₂ annually from Aramco’s gas plants and industrial sources. The CO₂ will be transported through a pipeline network and stored in a saline aquifer sink, leveraging Saudi Arabia’s geological potential. Future phases will expand the hub’s capacity.
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Ashraf Al Ghazzawi, EVP of Strategy & Corporate Development at Aramco, underscores the project’s importance:
“This announcement represents a step forward in delivering on our strategy to contribute to global carbon management solutions and achieve our emission mitigation goals. Aramco’s collaboration with SLB and Linde demonstrates the importance of global partnerships in driving technological innovation and enabling lower-carbon energy solutions.”
Net-Zero and New Energy Strategy
The CCS hub is a key element in Aramco’s broader strategy to achieve net-zero Scope 1 and Scope 2 emissions by 2050 and reduce upstream carbon intensity by 15% by 2035. The project complements Aramco’s initiatives in blue hydrogen and ammonia, further aligning with Saudi Arabia’s net-zero objectives.
Oliver Pfann, EVP EMEA at Linde, highlights the collaboration’s significance:
“Carbon capture and sequestration is essential for achieving the Kingdom’s emission reduction targets. Linde is proud to contribute innovative technology and experience to this landmark project.”
Gavin Rennick, SLB President of New Energy, adds:
“This project aligns perfectly with our commitment to industrial decarbonization. Leveraging our proven portfolio of CCS technologies, we are confident in advancing this initiative with Aramco and Linde.”
Driving Decarbonization Through Innovation
The partnership demonstrates the role of international collaboration in scaling decarbonization technologies. As part of the Saudi Green Initiative Forum, the project exemplifies a global push for sustainable, affordable, and reliable energy solutions.
The Jubail CCS hub underscores Aramco’s commitment to technological innovation, global collaboration, and achieving long-term climate goals.
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