Saudi Aramco’s CEO, Amin Naseer , said that his company seeks to offer more potential deals to investors and unlock its capital, Reuters reported.

This announcement came after the closure of a $12.4 billion deal for the company’s crude pipeline network in June.

Nasser told Reuters that they are looking at the potential for other deals that we are currently in negotiation (about).

According to Reuters, Aramco and other Gulf oil producers are planning to raise tens of billions of dollars by selling their stakes in energy assets. Nasser added that the company has opportunities in the hydrogen market.

He noted that Aramco looks for these agreements before its expansion in the hydrogen production. “We are looking to capture a big percentage of that market, we have an advantage,” Nasser told analyst’s briefing.