KBR Awarded Engineering Contract for Fidelis New Energy's Liquid Carbon Dioxide Project
- KBR's strategic commitment and expertise in energy transition, coupled with their world-class engineering professionals, enable them to provide cutting-edge solutions to projects that are key to achieving net-zero carbon emissions.
- Project Fyrkat and the larger initiative, Project Norne, aim to store more than 20 million tonnes of CO2 per year by 2030, which is around half of Denmark's yearly emissions, contributing significantly to global decarbonization.
- KBR's successful delivery of similar projects involving liquid carbon dioxide showcases their understanding of the intricacies of such projects and the criticality in providing a cleaner, more sustainable world.
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Under the terms of the contract, KBR will provide engineering to support the LCO2 handling and storage facility, as Fidelis New Energy aims to help global decarbonization.
Project Fyrkat is one of the first onshore CO2 sequestration facilities, and is part of a larger initiative, Project Norne, which expects to store more than 20 million tonnes of CO2 per year by 2030. This equates to around half of all
"We are extremely pleased to be a part of this significant liquid carbon dioxide project in
KBR has successfully delivered similar projects involving liquid carbon dioxide. KBR understands the intricacies of such projects, and the criticality in providing a cleaner, more sustainable world.
"We are thrilled to work with KBR for our receiving facility due to their extensive experience and expertise with liquid carbon dioxide, enhancing our ability to service our clients' marine transported CO2 volumes," added Ulrik Weuder, Managing Director for Fidelis Europe. "Fidelis has been working in
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 34,000 people performing diverse, complex and mission-critical roles in 33 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
About Fidelis New Energy
Fidelis New Energy, LLC is an energy transition company driving decarbonization through investments in carbon capture and storage, renewable fuels, and low or negative carbon intensity products in Europe and the
Fidelis New Energy is headquartered in Houston, Texas with offices in Copenhagen, Denmark (European Headquarters), and Baton Rouge,
Forward Looking Statements
The statements in this press release that are not historical statements, including statements regarding the company's contract with Fidelis New Energy, 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.
FAQ
What is the contract awarded to KBR by Fidelis New Energy for?
What is Project Norne aiming to achieve?
Why is KBR's expertise crucial for this project?
