McDermott International Awarded Contract for Green Hydrogen Project in Newfoundland, Canada
Key Ideas
- McDermott International secures FEED contract for a green hydrogen and ammonia production facility in central Newfoundland.
- The project aims to produce 165,000 tons of green hydrogen and 5,000 tons of ammonia annually.
- The initiative signifies a significant step towards renewable energy development in Canada.
- Cost-effectiveness of green hydrogen remains a challenge for industrial applications.
McDermott International, a prominent U.S.-based energy industry solutions provider, has been awarded a front-end engineering and design (FEED) contract by Abraxas to construct a renewable energy project in central Newfoundland, Canada. This project involves the development of a green hydrogen and ammonia production facility, marking a milestone as Canada's first commercial endeavor in this field. The facility is projected to have an annual output of 165,000 tons of green hydrogen and 5,000 tons of ammonia. While the project showcases a meaningful advancement in sustainable energy endeavors, the obstacle of cost-effective utilization of green hydrogen for industrial applications remains a focal point for further exploration and improvement.