News
04 August 2025

Project financing for Jubail CCUS project in progress

In:
Oil & gas
Region:
Middle East & Africa

A project financing for a carbon capture and storage project within the planned Jubail CCS hub in Saudi Arabia is underway and is likely to close next year. SMBC and MUFG are leading the financing. Precise debt sizing is unclear at this stage, but a source confirms that the deal will be a...

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