Page 14 - AsianOil Week 19 2022

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KBR awarded green of innovation in the ammonia market for interest in Western Gas (519 P) following the
Western Gas retains a strategic 52.5%
decades. Since 1943, KBR has licensed,
ammonia contract to meet engineered, or constructed 250 grassroot farm down to Clontarf.
ammonia plants worldwide.
The are no changes to other investor
growing clean energy KBR, May 11, 2022 interests in Western Gas (519 P), these being
Global Oil & Gas (25%) and Prominence
demand in Japan OCEANIA Energy (12.5%).
In January 2022, IHS Markit (part of S&P
KBR announced today that it was awarded a Global) released a report on the contribution
contract for its green ammonia technology, High-impact Sasanof-1 of high impact wells in 2021 to global gas
K-GreeN®, from JGC Holdings Corp. (JGC) resources, with an expectation that high
for a project sponsored by New Energy exploration well attracts impact exploration drilling in 2022 will
and Industrial Technology Development continue to have a global impact.
Organization (NEDO), a national research international interest IHS Markit noted the Sasanof Prospect as
and development agency in Japan. one of only two high impact wells in the Asia
Under the terms of the contract, KBR Western Gas is pleased to advise that London Pacific region of the 20 global high impact
will provide technology licensing and basic Stock Exchange listed company Clontarf wells planned to be drilled in 2022.
engineering for a pilot project under NEDO’s Energy has acquired a 10% intertest in the UK-headquartered energy consultancy
Green Innovation Fund in Fukushima, Japan. Sasanof-1 exploration well. ERCE estimates the Sasanof Prospect to
“Japan is playing a leading role in the The investment by Clontarf reflects contain a 2U Prospective Resource of 7.2 tcf
adoption of green ammonia to decarbonise international focus this year on the Sasanof gas and 176mn barrels condensate (P501),
our planet,” said Doug Kelly, KBR president, Prospect. with a high case 3U Prospective Resource
technology. “KBR is proud to partner with Clontarf will fund 20% of the Sasanof-1 estimate of 17.8 tcf gas and 449mn barrels
JGC to offer our green ammonia technology well through the acquisition of 10% of condensate (P101).
for NEDO’s project, and we are confident this Western Gas (519P) Pty Ltd (the holding WESTERN GAS, May 10, 2022
will pave the way for further collaboration.” company for Sasanof) and issue Western Gas
KBR is the world leader in ammonia Corporation Pty Ltd up to 250mn Clontarf
technology and has been at the forefront ordinary shares.

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