Aramco and Pertamina shake hands on hydrogen

Saudi Aramco and Indonesia’s NOC Pertamina have signed an MoU to developing hydrogen and ammonia assets, the Saudi NOC announced on Monday.

The MoU is aimed at the entire hydrogen and ammonia value chain, including carbon capture utilisation and storage at Pertamina’s existing facilities.

The deal was signed on the sidelines of the B20 summit in Bali by Nicke Widyawati, president director for Pertamina, and Mohammed Y. Al Qahtani, senior vice-president of downstream operations for Saudi Aramco.

“As a company, our ambition is to achieve net-zero scope 1 and 2 greenhouse gas emissions across our wholly-owned operated assets by 2050,” said Al Qahtani.

Hydrogen assets are part of Indonesia’s target to have net-zero carbon emissions by 2060.

Recent Posts

UK allows oil exploration in North Sea wind project zones

The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More

2 days ago

ExxonMobil closes acquisition of Pioneer, creating Permian powerhouse

ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More

2 days ago

BP-Eni joint venture Azule Energy enters Namibia’s Orange Basin

BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More

2 days ago

Chariot starts gas drilling campaign in Morocco

Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More

3 days ago

Touchstone acquires Trinidad E&P player Trinity

Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More

3 days ago

ExxonMobil “optimistic and pushing forward” with Mozambique’s Rovuma LNG

ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More

3 days ago

This website uses cookies.