Arab Press

بالشعب و للشعب
Friday, Aug 22, 2025

NEOM Green Hydrogen Company awarded first industrial operating license in Oxagon

NEOM Green Hydrogen Company awarded first industrial operating license in Oxagon

The Ministry of Industry and Mineral Resources has issued the first industrial operating license for NEOM Green Hydrogen Company (NGHC) — an equal joint venture between NEOM, ACWA Power and Air Products, based in Oxagon.
With its low-cost hydrocarbon resources and strategic location for low-cost renewable energy sources, Saudi Arabia has set out to catalyze the global hydrogen economy by becoming the world’s leading hydrogen producer, while maintaining its position as a key player in the energy sector as a whole.

NGHC will be the largest at-scale green hydrogen production company in the world based in Oxagon, home to advanced and clean industries in NEOM, with a next generation port and fully automated and integrated supply chain and logistics network. Furthermore, NGHC is a flagship green hydrogen tenant within the wider renewable energy industrial ecosystem being built at Oxagon.

It is expected that the NGHC plant will start producing green hydrogen from 100% renewable energy sources in 2026, with production of up to 1.2 million tons of green ammonia annually — a figure equivalent to 600 tons of green hydrogen per day.

This green ammonia will be exported to global markets, supporting the decarbonization of the heavy-duty transport sector aimed at reducing carbon dioxide emissions. It is estimated that as a direct impact of the plant, up to 5 million tons of CO2 will be saved per year.

Once the plant at Oxagon is operational in 2026, 100% of the green hydrogen produced by NGHC will be available for global export, in the form of green ammonia, through an exclusive long-term off-take agreement with Air Products.

Leveraging Saudi Arabia’s unique wind and solar profiles, this multi-billion-dollar plant, which will be constructed by Air Products as EPC contractor and system integrator, will run on around 4GW of wind and solar energy and produce green hydrogen using 2.2GW electrolysis technology supplied by thyssenkrupp NUCERA.

Haldor Topsoe, will provide the technology to produce the green ammonia, with Baker Hughes as the selected technology partner for hydrogen compression. Air Products will also deploy their own air separation technology.

Recently, the Ministry of Industry and Mineral Resources and the Saudi Authority for Industrial Cities and Technology Zones (Modon) signed a memorandum of understanding with Oxagon to cooperate in the implementation of the Future Factories Program. The initiative aims to build a strong technology ecosystem enabling a sustainable digital transformation of the manufacturing sector in the Kingdom by remodeling 4,000 existing factories.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Trump Backs Putin’s Land-for-Peace Proposal Amid Kyiv’s Rejection
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
United States Sells Luxury Yacht Amadea, Valued at Approximately $325 Million, in First Sale of a Seized Russian Yacht Since the Invasion of Ukraine
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Russia Formally Recognizes Taliban Government in Afghanistan
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Germany Seeks Taliban Deal to Deport Afghan Migrants
Emirates Airline Expands Market Share with New $20 Million Campaign
Robots Compete in Football Tournament in China Amid Injuries
×