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.
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.