KBR announced it has been awarded a study to develop a carbon-neutral, green ammonia-based power system for a semi-submersible drilling unit owned by Odfjell, said the company.
KBR will collaborate with Odfjell, Equinor and Wartsila to assess conversion of the diesel generators on board drilling units to ammonia-fueled generators.
"We are excited to be a part of a collaborative effort that will fully integrate KBR’s semisubmersible technology expertise, Wartsila’s power systems, and Odfjell’s and Equinor’s operations capabilities, all to deliver a carbon-neutral solution,” said Jay Ibrahim, president of KBR Sustainable Technology Solutions. “This project demonstrates the role ammonia can play in decarbonizing existing assets and achieving net-zero targets. We pride ourselves in driving positive change, innovation and improvement in key markets, and we are proud to support our customers across the industry in their transitions to cleaner fuel options."
KBR is the world's leading ammonia licensor and KBR’s K-GreeN® technology produces carbon-free ammonia based on electrolysis of water. K-GreeN is a viable, renewable alternative to decarbonizing the maritime and shipping industries.
KBR has been supporting Equinor and Odfjell for more than three decades with marine technology, engineering and original semi-submersible designs.
As per MRC, KBR, Inc.announced it has entered into an agreement to invest an additional USD100 million in Mura Technology (“Mura”) bringing KBR’s aggregate investment in Mura to 18.5%. This investment provides Mura incremental capital to accelerate development of its plastics recycling projects and enables KBR to participate more fully in this sustainability-focused, high growth sector. Funding is expected in two tranches with the first payment in the quarter ended June 30, 2022 and the remainder in 2023.
mrchub.com