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McDermott signs ammonia licensing deal with US engineering giant

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McDermott signs ammonia licensing deal with US engineering giant

McDermott International of the US has entered into a global licensing agreement with compatriot KBR to provide integrated solutions for the latter’s proprietary ammonia technologies. - UpstreamOnline

The agreement represents a compelling solution to meet the growing ammonia market which combines KBR's leading technology with McDermott's global execution capabilities and fabrication and modularisation expertise.

McDermott said

As part of the agreement, McDermott 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, McDermott noted.

Leading oil and gas-focused players are increasingly expanding their energy and transition offerings, with hydrogen and ammonia said to be among the key segments being targeted by international engineering, procurement and construction companies.

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 fertilisers, as an energy carrier or as a fuel, McDermott said.

Offer customers an integrated approach for low-carbon ammonia projects by combining KBR’s best-in-class ammonia technology with its global project delivery know-how, low-carbon execution approach and leadership in ammonia storage solutions.

Tareq Kawash, senior vice president for McDermott’s onshore business

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