Logo of Saudi Aramco

Hyundai Heavy Industries Holdings Co. (HHIH) signed a deal with Saudi Aramco to cooperate on a hydrogen project, Yonhap News Agency reported, citing a company statement.

 

Under the deal, Hyundai Oilbank Co. - its refining unit - will import liquefied petroleum gas (LPG) from Saudi Aramco to produce blue hydrogen, which is derived from fossil fuel resources such as natural gas.

 

Carbon dioxide captured and stored during the production process will also be provided to Saudi Aramco for the extraction of crude oil from exhausted oil fields.

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Market Indices

TASI
11,882.65
(142.40) (1.18 %)
Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0011,850.0011,900.0011,950.0012,000.0012,050.00
Close : 11882.65 | Apr 3, 15:20
More

Quotes

SAUDI ARAMCO
26.30
(0.45) (1.68%)
Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0011,850.0011,900.0011,950.0012,000.0012,050.00
Close : 11882.65 | Apr 3, 15:20
More


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website