Aramco is expanding its focus on emerging sectors for renewable energy with a new Future Investment Initiative outlining a new green hydrogen and ammonia project in Saudi Arabia.
To support Aramco’s decarbonisation goals, a new memorandum of understanding (MoU) has been signed with Modern Industrial Investment Holding Group and InterContinental Energy that will see the development of a green hydrogen and ammonia project in Saudi Arabia.
Read more: Saudi Arabia’s $180bn decarbonisation pledge could support hydrogen
Read more: Aramco, Air Products and ACWA to invest $12bn in new hydrogen and power project in Saudi Arabia
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