RIYADH: Saudi energy giant Aramco has signed a shareholders鈥� agreement with Linde and SLB to advance the development of a major carbon capture and storage hub in Jubail,  

Under the agreement, Aramco will hold a 60 percent equity stake, with Linde and SLB each owning 20 percent, according to a press release. 

Located in 黑料社区鈥檚 Eastern Province, the project is set to be among the largest of its kind globally. It marks a critical step toward Aramco鈥檚 emission mitigation goals and aligns with its 2035 interim climate objectives. 

Phase one of the hub aims to capture and store up to 9 million tonnes of CO2 annually, with construction expected to be completed by the end of 2027. Future phases will further expand its capacity. 

鈥淐CS plays a critical role in furthering our sustainability ambitions and our new energies business. This announcement represents a step forward in delivering on our strategy to contribute to global carbon management solutions and achieve our emission mitigation goals,鈥� said Ashraf Al-Ghazzawi, executive vice president of strategy & corporate development at Aramco. 

He added: 鈥淎ramco鈥檚 collaboration with SLB and Linde demonstrates the importance of global partnerships in driving technological innovation, reducing emissions from conventional energy sources and enabling new, lower-carbon energy solutions.鈥� 

The executive noted that the CCS hub was among several programs that would enable them to meet the rising demand for affordable, reliable, and more sustainable energy. 

The initiative supports Aramco鈥檚 broader ambition to achieve net-zero Scope 1 and Scope 2 greenhouse gas emissions across its wholly-owned operated assets by 2050, as well as its interim target to reduce upstream carbon intensity by 15 percent by 2035. 

Oliver Pfann, Linde鈥檚 executive vice president for Europe, the Middle East and Africa, noted the project鈥檚 significance to 黑料社区鈥檚 climate goals. 鈥淐arbon capture and sequestration is essential for achieving the Kingdom鈥檚 emission reduction targets. Linde is proud to collaborate with Aramco and SLB, contributing Linde鈥檚 innovative technology and experience in delivering world-scale decarbonization projects,鈥� he said. 

Announced during the Saudi Green Initiative Forum in Riyadh, the project reflects 黑料社区鈥檚 commitment to achieving its 2060 net-zero target.  

Phase one will capture CO2 from three Aramco gas plants and other industrial sources. The CO2 will be transported through a pipeline network and stored in a saline aquifer, leveraging the region鈥檚 geological capacity for carbon storage. 

Gavin Rennick, SLB鈥檚 president of new energy, highlighted the hub鈥檚 potential to reduce emissions. 鈥淟everaging our proven portfolio of CCS technologies and extensive experience in complex CCS projects around the world, we are confident that SLB will play a critical role in advancing this important initiative. This project aligns perfectly with our commitment to industrial decarbonization, and we look forward to collaborating closely with Aramco and Linde to make it a success.鈥� 

The hub also complements Aramco鈥檚 blue hydrogen and ammonia initiatives, reinforcing its efforts to support a circular carbon economy and contribute to the Kingdom鈥檚 energy transition.

Pilot carbon capture technology 

Saudi Aramco has also signed an agreement with Carbon Clean and SAMSUNG E&A to pilot a new carbon capture technology targeting CO2 emissions from natural gas turbine exhaust streams.  

The initiative will utilize Carbon Clean鈥檚 CycloneCC technology, designed to capture CO2 from exhaust gases with around 4 percent CO2 content. 

CycloneCC features a modular design and a footprint 50 percent smaller than traditional systems. If proven effective, it could lower the total installed cost of carbon capture by up to 50% while maintaining efficiency even with low CO2 concentrations, according to a press release. 

鈥淚 am excited about this collaboration with Carbon Clean and Samsung to demonstrate this promising new technology in one of our facilities. If successful, this demonstration will pave the way for the wider deployment of this technology with partners in the Kingdom and beyond,鈥� said Ali Al-Meshari, senior vice president of technology oversight & coordination at Aramco.  

Aniruddha Sharma, chair and CEO of Carbon Clean, expressed pride in strengthening the company鈥檚 relationship with Aramco and Samsung Ventures, noting that both are already investors in Carbon Clean. 

鈥淭his first-of-a-kind deployment capturing very low concentrations of CO2 is a key milestone in scaling up and commercializing CycloneCC. Its compact, modular design should be easily integrated with gas turbines, delivering high-performance carbon capture in an industrial setting where space is typically limited,鈥� he said. 

SAMSUNG E&A will handle the engineering, procurement, and construction of the plant. The unit will be installed on the exhaust gas stack of a sales gas compressor turbine, with the trial providing critical data on its real-world performance. 

鈥淭his project aligns with our mission to deliver innovative solutions that help industries reduce their environmental impact. With the successful execution of the demonstration, I hope that SAMSUNG E&A contributes to Aramco鈥檚 carbon reduction ambition, including future scale-up,鈥� said Cheon Hong Park, executive vice president and head of the sustainable solutions division, SAMSUNG E&A. 

The project represents a step toward making carbon capture more accessible and efficient.