What is Saudi Arabia’s first green hydrogen plant?
The country¡¯s first green hydrogen plant is a joint venture between Saudi ACWA Power, Neom, and U.S.-based Air Products to build a green hydrogen-based ammonia production facility located at Neom. Saudi Arabia is also pursuing several Carbon Capture Utilization and Storage projects as part of its Saudi Green Initiative.
How much oil does Saudi Aramco produce?
In 2022, Aramco¡¯s average hydrocarbon production was 13.6 mmbpd, including 11.5 mmbpd of crude oil. Saudi Aramco boasts that it produces the lowest-carbon barrel of oil in the industry and has committed to achieve net-zero emissions by 2050, outstripping the government¡¯s 2060 net-zero target. by 2060,.
How much oil does Saudi Arabia have?
Saudi Arabia possesses approximately 17 percent of the world¡¯s proven petroleum reserves and ranks as one the largest net exporters of petroleum. Saudi Arabia has the second-largest proven oil reserves in the world.
What is the largest gas field in Saudi Arabia?
Recognized as Saudi Arabia¡¯s largest unconventional and non-associated gas field, Jafurah contains an estimated 200 trillion cubic feet of raw gas and whose production can be used as feedstock for petrochemical and metallic industries. Key Joint Ventures (JVs): Onshore Drilling: