BRIEF-Aramco To Acquire 50% Stake In Air Products Qudra's Blue Hydrogen Industrial Gases-February 2024-www.financetom.com

BRIEF-Aramco To Acquire 50% Stake In Air Products Qudra's Blue Hydrogen Industrial Gases

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BRIEF-Aramco To Acquire 50% Stake In Air Products Qudra's Blue Hydrogen Industrial Gases

Jul 16, 2024 8:11 AM

July 16 (Reuters) - SAUDI ARABIAN OIL CO:

* ARAMCO TO ACQUIRE 50% STAKE IN AIR PRODUCTS QUDRA'S BLUE

HYDROGEN INDUSTRIAL GASES

* ARAMCO, AIR PRODUCTS QUDRA JOIN FORCES TO DEVELOP

LOWER-CARBON

HYDROGEN PRODUCTION BUSINESS

* AGREEMENT AIMS TO SUPPORT GROWTH OF ARAMCO'S NEW ENERGIES

PORTFOLIO

* UPON COMPLETION OF TRANSACTION, ARAMCO AND APQ ARE

EXPECTED TO

EACH OWN A 50% STAKE IN BHIG

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