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McDermott, KBR sign ammonia licensing agreement
PROJECTS & COMPANIES
ENERGY services specialist McDermott Inter- national announced the signing of a deal this week that will see it provide “integrated solu- tions” for fellow services firm KBR’s proprietary ammonia technologies.
The two US companies will target the growing ammonia market by combining KBR’s technology with McDermott’s “global execution capabilities and fabrication and modularisation expertise.”
In a statement accompanying the announce- ment, Tareq Kawash, McDermott’s senior vice president for onshore, said: “This agreement ena- bles us to offer customers an integrated approach for low-carbon ammonia projects by combining KBR’s best-in-class ammonia technology with our global project delivery know-how, low-car- bon execution approach and leadership in ammonia storage solutions.”
He added: “This technology partnership is an important addition to our growing energy transition portfolio and strengthens our con- cept-to-completion capabilities.”
Meanwhile, KBR’s senior vice president for global sales, Aman Ahmad, said: “This agree- ment will enable KBR and McDermott to lever- age each other’s strengths to deliver exceptional
value to our clients as they scale and accelerate their energy transition initiatives.”
The two companies will work together to eval- uate opportunities to deliver modular “execution concepts” for green and blue ammonia projects.
Significant investments are being made in ammonia projects around the world as pro- ducers and developers covet its properties as a hydrogen carrier for transportation.
Given the nascent nature of the sector, other options are also being considered, with, for example, the Abu Dhabi National Oil Co. (ADNOC) signing up to a joint study with Japan’s Mitsui and its biggest refiner ENEOS for the development of a 200,000 tonne per year (tpy) blue hydrogen supply chain connecting the two countries, leveraging methylcyclohexane (MCH) as a carrier.
Meanwhile, in March last year, a deal was agreed that would see South Korea’s Hyundai Oilbank import LPG from Saudi Aramco, which would be converted to hydrogen for use in des- ulphurisation facilities and for fuelling vehicles. The Korean company will capture the emitted CO2 and re-export it back to Aramco for use in enhanced oil recovery (EOR).™
SOUTHEAST ASIA
Petronas partners with South Korean firms on CCS opportunities
ENERGY TRANSITION
MALAYSIA’S Petronas said on August 2 that it had signed a memorandum of understanding (MoU) with six South Korean companies that will see them collaborate on carbon dioxide (CO2) capture, transport and storage.
The six companies are Samsung Engineering, Samsung Heavy Industries, SK Earthon, SK Energy, GS Energy and Lotte Chemical. The companies have agreed to collaborate on conceptual and feasi- bility studies towards establishing a full value chain related to carbon capture and storage (CCS).
Under the MoU, they will also evaluate potential CO2 storage sites in Malaysia as well as exploring other areas across the CCS value chain. According to the company’s announcement, that includes the strengthening of cross-border CO2 transportation.
“The feasibility studies undertaken through this collaboration will identify suitable technolo- gies for the CCS and transportation value chain, bringing Petronas closer towards establishing Malaysia as a leading regional CCS solutions
hub,” stated Petronas’ head of carbon manage- ment, Emry Hisham.
Indeed, the announcement is the latest in a series made by Petronas in recent months as it works towards the establishment of a CCS hub. These efforts are still in their early stages, involv- ing agreements that still need to be finalised. However, since the start of the year, Petronas has partnered with companies including Shell, Japan Petroleum Exploration (JAPEX) and Mitsui & Co. to study CCS opportunities in Malaysia. It has also signed an MoU with Mitsui OSK Lines (MOL) to jointly explore opportunities for lique- fied CO2 transportation across the broader CCS value chain across Asia-Pacific and Oceania.
Petronas is targeting net-zero carbon emis- sions by 2050 and CCS forms a significant part of its strategy for attaining that goal. It is also aim- ing to preserve and restore the capacity of eco- systems to act as forest-based carbon sinks for CO2 sequestration, according to its website.™
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