HOUSTON,
April 17,
2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today
it has signed a contract to provide its green ammonia technology,
K-GreeN®, for Fortescue's Holmaneset green energy project in
Norway.
Under the terms of the contract, KBR will provide
technology license, proprietary engineering design, and FEED
support engineering services for the 675 metric tonnes per day
grassroots green ammonia plant in Norway.
"We are excited to work with Fortescue on
this project to offer our zero-carbon green ammonia technology,"
said Jay Ibrahim, President, KBR
Sustainable Technology Solutions. "KBR is a significant contributor
in the development of the green energy value chain and
decarbonization of hard-to-abate industries and we look forward to
working with Fostescue to advance their ESG objectives."
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
more than 250 grassroot ammonia plants worldwide.
About KBR
We deliver science, technology and engineering
solutions to governments and companies around the world. KBR
employs approximately 34,000 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
About Fortescue
Fortescue is focused on becoming the number 1
integrated green energy, metals and technology company, recognised
for its culture, innovation and industry-leading development of
infrastructure, mining assets and green energy initiatives. It
operates with two divisions -- Metals and Energy. Fortescue is
committed to producing green hydrogen, containing zero carbon, from
renewable electricity.
Fortescue's Holmaneset green energy project in
Norway is funded under EU
Innovation Funding (CINEA Innovation Fund Project number
101132475).
Forward Looking Statements
The statements in this press release that are not
historical statements, including statements regarding future
contractual performance and demand, 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 U.S. Securities and Exchange Commission
filings, which discuss some of the important risks, uncertainties
and assumptions that the company has identified that may affect its
business, results of operations and financial condition. Due to
such risks, uncertainties and assumptions, you are cautioned not to
place undue reliance on such forward-looking statements, which
speak only as of the date hereof. Except as required by law, the
company undertakes no obligation to revise or update publicly any
forward-looking statements for any reason.
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SOURCE KBR, Inc.