KBR Awarded Conceptual Study Contract for Floating Blue Ammonia Production by Samsung Heavy Industries
KBR (NYSE: KBR) has been awarded a conceptual study contract for floating blue ammonia production by Samsung Heavy Industries (SHI), a major South Korean shipbuilder. This project is part of SHI's diversification into the ocean energy business, focusing on maritime technology. The study will combine KBR's innovative blue ammonia technology for offshore production with SHI's expertise in designing mega floating vessels.
Jay Ibrahim, KBR President of Sustainable Technology Solutions, emphasized the significance of this collaboration, stating it will provide a sustainable platform for clients to achieve energy transition objectives with greater flexibility. KBR's extensive experience in ammonia technology, having licensed, engineered, or constructed over 260 grassroot ammonia plants worldwide since 1943, positions them as a leader in this field.
KBR (NYSE: KBR) ha ricevuto un contratto per uno studio concettuale per la produzione di ammoniaca blu galleggiante da Samsung Heavy Industries (SHI), un importante costruttore navale sudcoreano. Questo progetto fa parte della diversificazione di SHI nel settore dell'energia oceanica, con un focus sulla tecnologia marittima. Lo studio combinerà la tecnologia innovativa di ammoniaca blu di KBR per la produzione offshore con l'esperienza di SHI nella progettazione di mega navi galleggianti.
Jay Ibrahim, presidente di KBR per le Soluzioni di Tecnologia Sostenibile, ha sottolineato l'importanza di questa collaborazione, affermando che fornirà una piattaforma sostenibile per i clienti per raggiungere gli obiettivi di transizione energetica con maggiore flessibilità. L'ampia esperienza di KBR nella tecnologia dell'ammoniaca, avendo concesso in licenza, ingegnerizzato o costruito oltre 260 impianti di ammoniaca di base in tutto il mondo dal 1943, li posiziona come leader in questo campo.
KBR (NYSE: KBR) ha recibido un contrato para un estudio conceptual sobre la producción de amoníaco azul flotante por Samsung Heavy Industries (SHI), un importante astillero de Corea del Sur. Este proyecto es parte de la diversificación de SHI en el negocio de energía oceánica, centrado en la tecnología marítima. El estudio combinará la tecnología innovadora de amoníaco azul de KBR para la producción en alta mar con la experiencia de SHI en el diseño de mega embarcaciones flotantes.
Jay Ibrahim, presidente de KBR para Soluciones Tecnológicas Sostenibles, enfatizó la importancia de esta colaboración, afirmando que proporcionará una plataforma sostenible para que los clientes alcancen sus objetivos de transición energética con mayor flexibilidad. La amplia experiencia de KBR en la tecnología del amoníaco, habiendo licenciado, diseñado o construido más de 260 plantas de amoníaco de base en todo el mundo desde 1943, los sitúa como líderes en este campo.
KBR(뉴욕증권거래소: KBR)는 삼성중공업(SHI)으로부터 부유식 청색 암모니아 생산을 위한 개념 연구 계약을 체결했습니다. 이 프로젝트는 SHI의 해양 에너지 사업으로의 다각화의 일환으로, 해양 기술에 중점을 두고 있습니다. 해당 연구는 KBR의 혁신적인 청색 암모니아 기술와 SHI의 메가 부유선 설계 전문성을 결합할 것입니다.
KBR의 지속 가능한 기술 솔루션의 Jay Ibrahim 사장은 이 협력의 중요성을 강조하며, 고객이 에너지 전환 목표를 달성할 수 있도록 더 큰 유연성을 제공하는 지속 가능한 플랫폼이 될 것이라고 언급했습니다. KBR은 1943년 이후 전 세계적으로 260개 이상의 기초 암모니아 플랜트를 라이선스, 엔지니어링 또는 건설해온 방대한 경험을 바탕으로 이 분야의 리더로 자리잡고 있습니다.
KBR (NYSE : KBR) a reçu un contrat pour une étude conceptuelle concernant la production d'ammoniac bleu flottant par Samsung Heavy Industries (SHI), un important constructeur naval sud-coréen. Ce projet s'inscrit dans la diversification de SHI vers le secteur de l'énergie océanique, avec un accent sur la technologie maritime. L'étude combinera la technologie innovante de l'ammoniac bleu de KBR pour la production en mer avec l'expertise de SHI dans la conception de méga-vaisseaux flottants.
Jay Ibrahim, président de KBR pour les Solutions Technologiques Durables, a souligné l'importance de cette collaboration, affirmant qu'elle fournira une plateforme durable pour que les clients atteignent leurs objectifs de transition énergétique avec une plus grande flexibilité. L'expérience étendue de KBR dans la technologie de l'ammoniac, ayant licencié, conçu ou construit plus de 260 usines d'ammoniac à base dans le monde entier depuis 1943, les positionne en tant que leader dans ce domaine.
KBR (NYSE: KBR) hat einen Vertrag für eine konzeptionelle Studie zur schwimmenden Produktion von blauem Ammoniak von Samsung Heavy Industries (SHI), einem großen südkoreanischen Schiffbauer, erhalten. Dieses Projekt ist Teil der Diversifizierung von SHI in das Ozeanenergie-Geschäft, das sich auf maritime Technologie konzentriert. Die Studie wird die innovativen blauen Ammoniak-Technologien von KBR für die Offshore-Produktion mit der Expertise von SHI in der Gestaltung von Mega-Schwimmbooten kombinieren.
Jay Ibrahim, Präsident von KBR für nachhaltige Technologielösungen, betonte die Bedeutung dieser Zusammenarbeit und erklärte, dass sie eine nachhaltige Plattform für Kunden bieten wird, um ihre Ziele für den Energiewandel mit größerer Flexibilität zu erreichen. Dank umfangreicher Erfahrung in der Ammoniak-Technologie, mit über 260 grundlegend neuen Ammoniakanlagen weltweit, die seit 1943 lizenziert, konstruiert oder betrieben wurden, hat sich KBR als führendes Unternehmen in diesem Bereich positioniert.
- KBR awarded conceptual study contract for floating blue ammonia production
- Collaboration with Samsung Heavy Industries, a major global shipbuilder
- Potential expansion into the growing ocean energy business
- Leveraging KBR's expertise in ammonia technology and SHI's vessel design capabilities
- Opportunity to provide sustainable energy transition solutions to global clients
- None.
Insights
KBR's collaboration with Samsung Heavy Industries (SHI) on a floating blue ammonia production concept marks a significant step in maritime energy innovation. This project combines KBR's expertise in ammonia technology with SHI's shipbuilding prowess, potentially revolutionizing offshore energy production.
The concept of floating ammonia production facilities offers several advantages:
- Increased flexibility in production locations
- Reduced land-use conflicts
- Potential for easier relocation based on market demands
However, challenges may include:
- Ensuring safety in offshore ammonia production
- Managing the environmental impact of floating facilities
- Addressing potential regulatory hurdles for mobile production units
This initiative aligns with the global push for cleaner energy solutions, as blue ammonia is considered a low-carbon alternative fuel. The success of this project could pave the way for a new era in offshore energy production and storage.
The collaboration between KBR and Samsung Heavy Industries on floating blue ammonia production is a strategic move in the energy transition landscape. Blue ammonia, produced from natural gas with carbon capture and storage, is gaining traction as a potential clean energy carrier.
Key implications include:
- Diversification of ammonia production methods, reducing reliance on land-based facilities
- Potential for localized production near end-users, reducing transportation costs and emissions
- Acceleration of the hydrogen economy, as ammonia is considered a viable hydrogen carrier
However, investors should consider:
- The nascent stage of the floating production concept
- Potential regulatory challenges in different jurisdictions
- Competition from green ammonia projects, which may be perceived as more environmentally friendly
Overall, this project positions KBR and SHI at the forefront of innovative energy solutions, potentially opening new market opportunities in the growing low-carbon fuel sector.
The award is part of SHI's diversification in the ocean energy business, with a focus on maritime technology. The study will utilize KBR's innovative blue ammonia technology, suitable for offshore production, and leverage SHI's expertise in the design of mega floating vessels.
"We are proud to collaborate with SHI for this strategic project and provide our low-carbon blue ammonia process technology solution to develop this first-of-its-kind floating ammonia production facility," said Jay Ibrahim, KBR President, Sustainable Technology Solutions. "This concept will deliver a sustainable platform to our clients globally for achieving their energy transition objectives with greater flexibility."
KBR is a world leader in ammonia technology and has been at the forefront of innovation in the ammonia market for decades. Since 1943, KBR has licensed, engineered, or constructed over 260 grassroot ammonia plants worldwide.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 36,000 people worldwide with customers in more than 80 countries and operations in over 30 countries.
KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com
Forward Looking Statements
The statements in this press release that are not historical statements, including statements regarding future performance of and demand for our technologies, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company's control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other
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SOURCE KBR, Inc.
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