Empowering a Low-Carbon Future: Worley Secures EPC Contract for ExxonMobil's Hydrogen Project in Texas
Key Ideas
- Worley, an Australian company, will provide EPC services for ExxonMobil's low-carbon hydrogen and ammonia facility in Baytown, Texas, aiming to capture over 98% of CO2 emissions.
- ExxonMobil's project includes advanced CCS technologies to reduce emissions and is expected to create U.S. jobs and drive economic growth in Texas.
- Partnerships with Air Liquide and JERA signify a commitment to fostering a low-carbon hydrogen market and exploring ownership participation in the project, respectively.
- The project, supported by a 35% equity stake acquisition by ADNOC, aligns with efforts to reduce GHG emissions and accelerate the transition to a net-zero future.
Australian company Worley has secured an engineering, procurement, and construction (EPC) contract from ExxonMobil for the development of a low-carbon hydrogen and ammonia facility in Baytown, Texas. The project's scope includes infrastructure and interconnects, with an emphasis on capturing more than 98% of CO2 emissions. Expected to produce significant volumes of low-carbon hydrogen and ammonia daily, the facility aims to reduce emissions associated with hydrogen production through advanced carbon capture and storage (CCS) technologies. The project, subject to final investment decision and regulatory approvals, is anticipated to commence operations in 2029, following an expected FID in 2025. This initiative not only aligns with ExxonMobil's commitment to environmental sustainability but also presents economic benefits for the Baytown and Houston areas in Texas through job creation and community development. Furthermore, partnerships with Air Liquide and JERA underscore the project's broader impact, including enabling the growth of a low-carbon hydrogen market and exploring ownership participation opportunities. With ADNOC's acquisition of a 35% equity stake and the project's focus on reducing GHG emissions, the collaboration between industry players signifies a collective effort towards a greener future.
Topics
Production
Infrastructure
Investment
Engineering
Low-carbon
Partnerships
Carbon Capture
Economic Benefits
Greenhouse Gas
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