Woodside, a global energy company, has made a significant move by acquiring OCI Global's clean ammonia project in Beaumont, Texas, for $2.35bn. The acquisition aims to tap into the growing lower carbon ammonia market and supports Woodside's strategy to excel during the energy transition period. The project, currently under construction, is scheduled to begin producing ammonia in 2025 and aims to introduce lower carbon ammonia from 2026 onwards. By combining ammonia production infrastructure with Linde's low CI hydrogen production and carbon capture technology, the project sets itself on a sustainable path. The first phase of the project is designed to have a capacity of 1.1 million tonnes per annum and is expected to play a crucial role in Woodside's Scope 3 investment and abatement targets. With anticipated CO2 capture and sequestration of 1.7 million metric tonnes per year, the project aligns with environmental sustainability goals. The acquisition deal outlines that OCI will oversee the construction phase until the facility is operational, after which Woodside will take over. The transaction is set to be finalized in the second half of 2024. Woodside's CEO, Meg O'Neill, expresses optimism about the acquisition, highlighting the importance of lower carbon ammonia in meeting future global demands. The project's potential to abate CO2 equivalent aligns with Woodside's sustainability objectives. Overall, the sentiment of the article towards hydrogen is positive, emphasizing its role in enabling cleaner production processes and contributing to a more sustainable future.