Woodside Energy Nears Completion of Blue Ammonia Plant in Beaumont, Texas
Key Ideas
- Woodside Energy's first train of the 1.1 million mt blue ammonia plant in Beaumont, Texas, is 90% complete, with pre-commissioning activities expected to start by June.
- The company anticipates the plant to become cash generative starting this year, as mentioned in an investor call.
- Construction progress hit a setback in 2024 due to a deadly accident but has since resumed, with completion now at 90%.
- Woodside Energy acquired OCI Global's blue ammonia plant in Beaumont, Texas, further solidifying its presence in the energy industry.
Woodside Energy has reported that the construction of its 1.1 million metric ton blue ammonia plant in Beaumont, Texas, is nearing completion, with the first train of the facility now 90% finished. The company is on track to begin pre-commissioning activities by June, marking a significant milestone in the project's timeline. Woodside Energy, known as one of Australia's largest oil and gas companies, is optimistic about the plant's financial prospects, expecting it to start generating cash flow within the current year. Despite a temporary pause in construction back in 2024 following a tragic accident, the progress has since resumed, now reaching the 90% completion mark. Additionally, Woodside Energy recently completed the acquisition of OCI Global's blue ammonia plant in the same location, further expanding its foothold in the energy industry. This development showcases Woodside Energy's commitment to innovation and sustainability in the production of blue ammonia, a key component in the evolving energy landscape.