Saudi state oil giant Aramco is teaming up with the world’s largest oilfield services provider, SLB, and the world’s largest industrial gases company, Linde, to build a carbon capture and storage (CCS) hub in Saudi Arabia, which will be one of the largest such sites in the world. The companies on Wednesday said they had signed a shareholders’ agreement to advance the project in Jubail, in Saudi Arabia’s Eastern Province. Under the terms of the deal, Aramco will hold a 60% equity interest in the CCS hub, with Linde and SLB…
Aramco, SLB, and Linde to Build One of the World’s Top Carbon Capture Hubs
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