KBR Awarded Contract for Kuwait's Renewable and Green Hydrogen Masterplan
Key Ideas
- KBR, Inc. has secured an advisory consulting contract from Kuwait Oil Company to develop a masterplan for the production of 17GW of renewables and 25GW of green hydrogen by 2050.
- The contract includes the development of a phased strategy integrating wind and solar power with power storage capabilities to produce green hydrogen for both internal industrial use and export.
- The project, to be completed over 18 months, will involve market analysis, feasibility studies, and training of Kuwaiti nationals, showcasing KBR's expertise in energy transition investments at a national level.
- KBR's President, Jay Ibrahim, expressed excitement about contributing to Kuwait's energy strategy, reinforcing KBR's commitment to sustainability and the energy transition in the GCC region.
KBR, Inc., based in Houston, has announced that it has been awarded a consulting contract by Kuwait Oil Company to assist in developing a comprehensive masterplan for the production of renewable energy and green hydrogen in Kuwait. The plan aims to achieve 17GW of renewables and 25GW of green hydrogen by 2050. KBR will provide advisory services to create a phased approach that combines significant wind and solar power generation with power storage capabilities. The renewable energy generated will be utilized for producing green hydrogen for both internal industrial purposes and for export. The project is scheduled to be completed over the next 18 months, during which KBR will conduct market analysis, techno-commercial feasibility studies, and train Kuwaiti nationals in related skills. Jay Ibrahim, KBR's President of Sustainable Technology Solutions, expressed enthusiasm for the project, emphasizing the company's commitment to supporting Kuwait's energy transition and sustainability goals. This contract win further solidifies KBR's position as a key player in the energy transition sector in the GCC region.