Low-Carbon Ammonia Mc Dermott, KBR Sign Global Licensing Agreement
Under the global licensing agreement, Mc Dermott will provide integrated solutions for KBR's proprietary ammonia technologies which will enable its customers to develop low-carbon ammonia projects in the background of the growing ammonia market.
Houston/USA – Mc Dermott International and KBR have entered into a global licensing agreement to provide integrated solutions for KBR's proprietary ammonia technologies. Ammonia produced from renewable or low-carbon sources, commonly referred to as green and blue ammonia, supports global decarbonisation because it can be used to provide carbon-free fertilizers, as an energy carrier or as a fuel.
The agreement represents a compelling solution to meet the growing ammonia market which combines KBR's leading technology with Mc Dermott's global execution capabilities and fabrication and modularisation expertise.
As part of the agreement, Mc Dermott and KBR will jointly evaluate opportunities to provide modularised execution concepts to drive additional efficiencies tailored to the needs of green and blue ammonia projects.