Skip to content
A4 civilengineering
  • Home
  • About Us
  • Education
  • Community
  • Thought
  • Ongoing Happenings
  • Contact Us
Menu Close

Blog

Home » Ongoing Happenings » Aramco signs deals with French players to boost hydrogen and CCUS in Saudi Arabia
Aramco signs deals with French players to boost hydrogen and CCUS in Saudi Arabia | Upstream Online
French players Gaussin, Air Liquide, Alteia and Axens involved in deals with Aramco

Saudi Aramco has signed five key agreements with leading French companies as Saudi Arabia aims to boost its hydrogen transport business and explore opportunities in carbon capture technology and artificial intelligence.

The Saudi state-controlled company said on Saturday it has signed multiple memoranda of understanding with French players, including a key deal to explore a hydrogen-powered vehicle business with Gaussin — a pioneer in clean and intelligent transport solutions.

The agreement between Aramco and Gaussin aims to establish a modern manufacturing facility for on-road and off-road hydrogen-powered vehicles in Saudi Arabia, Aramco said.

“As a first step, Gaussin and Aramco will study the feasibility of a manufacturing facility and a hydrogen distribution business to serve the Middle East region,” the company added.

Multiple deals

Aramco also signed four MoUs with French players Air Liquide, Alteia and Axens that aim to develop opportunities in carbon capture technology, artificial intelligence and local manufacturing.

A non-binding MoU with Air Liquide plans to “evaluate low carbon-hydrogen and ammonia production, logistics, and back cracking technology” opportunities in Saudi Arabia.

The two companies also signed an “additional non-binding MoU to evaluate carbon capture and sequestration opportunities”, Aramco said.

Aramco’s non-binding MoU with Alteia looks at developing “advanced artificial intelligence-driven geospatial imagery interpretation and processing capabilities” in Saudi Arabia.

Another similar MoU with Axens plans “to explore the local manufacturing and maintenance services of furnaces and fired heaters”.

Key opportunity

Aramco chief executive Amin Nasser said the partnership “represents an opportunity to promote hydrogen as a low-carbon solution, not just for motorsport, but eventually for mass transportation as well”.

“Such collaboration helps us to advance economic growth in the kingdom as part of the Namaat industrial investment programme and takes us a step closer to our shared vision of a more sustainable future,” Nasser said.
Read More
www.upstreamonline.com

Read more articles

Previous PostBird extends accessibility programme to San Diego and San Francisco
Next PostOntario government enters next stage of largest Canadian subway expansion

You Might Also Like

Read more about the article Meet “Laura” the delivery robot – ITS anchor project

Meet “Laura” the delivery robot – ITS anchor project

October 15, 2021
Read more about the article HHI Group sets out to create new standard in sea transport with robotics and green fuel

HHI Group sets out to create new standard in sea transport with robotics and green fuel

January 23, 2022
Read more about the article Intelligent Transport Systems Market To Witness Massive Growth By 2025 with Healthy CAGR Rate and Top Key Players:Redflex Holdings Limited, THALES Company, Garmin International Inc., BAE SYSTEMS PLC Company

Intelligent Transport Systems Market To Witness Massive Growth By 2025 with Healthy CAGR Rate and Top Key Players:Redflex Holdings Limited, THALES Company, Garmin International Inc., BAE SYSTEMS PLC Company

January 6, 2022

Archives

  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021

Categories

  • 3D Printing
  • Air Quality
  • Architecture
  • Automation
  • BIM
  • Civil Software
  • Computer Vision
  • Constrcution Site
  • Digital Twin
  • Disaster
  • Earthquake
  • Edu Resource
  • Environmental
  • FreeCourse
  • Geotechnical Engineering
  • GIS
  • Industry News
  • Intelligent Transportation System
  • IOT
  • Market Analysis
  • Project Management
  • Remote Sensing
  • Sensors
  • Smart City
  • Smart Home
  • Smart Home/Building
  • Smart Materials
  • Structural Engineering
  • Structural Health Monitoring
  • Transportation
  • Uncategorized
  • Urban Planning

Recent Posts

  • Kontrol Technologies is in the thick of the commercial building upgrade supercycle
  • I-Bhd, China Mobile team up to build Malaysia’s first green smart building
  • FedEx launches AI-powered sorting robot to drive smart logistics
  • 8 trends shaping cities in 2022
  • DC joins growing list of cities requiring new buildings to include EV parking
A4 civilengineering
©2021 Privacy policy
  • Home
  • About Us
  • Education
  • Community
  • Thought
  • Ongoing Happenings
  • Contact Us

Enjoying the contents?

Subscribe to our weekly newsletter