Decommissioning and Abandonment Australia 2026

Air Products and ACWA JV to build industrial gas complex in Saudi Arabia

AI Summary

A joint venture (JV) of Air Products and ACWA Holding has secured a contract from Saudi Aramco to construct, own and operate an industrial gas complex in Saudi Arabia.

The facility, which is claimed to be the world’s largest industrial gas complex, will supply 75,000 tonnes per day of oxygen and nitrogen to Saudi Aramco refinery in Jazan for 20 years.

Air Products will design and construct gas complex using its technology.

The company will own a 25% stake in the facility, while ACWA Holding will hold the remaining 75%.

Air Products chairman, president and chief executive officer Seifi Ghasemi said: “We are very pleased that Saudi Aramco trusts Air Products and our partner ACWA Holding to economically and reliably supply the critical gases needed for its refinery in Jazan.

“This award also demonstrates the value of our outstanding relationship with our partner in ACWA Holding, who has worked so closely with us to develop this great project.”

Air Products has provided atmospheric, process and specialty gases, and associated equipment to manufacturing markets including refining and petrochemical, and natural gas liquefaction.

Oil and gas markets don’t shift gradually — they move in moments. The professionals who see those moments coming don’t have better instincts. They have better information.

The Oil & Gas Advancement briefing delivers that information — covering upstream, midstream, and downstream developments, energy transition strategy, and market intelligence across every major producing region.

  • The stories oil and gas professionals will be discussing tomorrow, in your inbox today
  • Analysis that goes beyond the headline — written for readers who already understand how the market works
  • The briefing that the sector’s most informed professionals open first

SUBSCRIBE OUR NEWSLETTER

WHITE PAPERS

Dangote Refinery Processing Capacity Reaches 700,000 Bpd

The Dangote Petroleum Refinery & Petrochemicals has successfully elevated its crude oil processing capacity to 700,000 barrels per day (bpd) following performance testing by...

RELATED ARTICLES