KBR Awarded Contract to Develop Kuwait's Renewable and Green Hydrogen Masterplan
Key Ideas
- KBR has been awarded a consulting contract by Kuwait Oil Company to develop a masterplan for the production of 17GW of renewables and 25GW of green hydrogen by 2050.
- The contract includes developing a phased strategy for wind and solar power deployment with power storage capability, linking renewable power to green hydrogen production for both internal and export use.
- The project will span over 18 months and involve market analysis, feasibility studies, and training of Kuwaiti nationals, showcasing KBR's advisory capabilities in energy transition investments.
- Jay Ibrahim, KBR President Sustainable Technology Solutions, expressed excitement about contributing to Kuwait's national energy strategy, emphasizing KBR's commitment to sustainability and the energy transition.
KBR has secured an advisory consulting contract from Kuwait Oil Company to assist in developing a comprehensive masterplan for the production of renewables and green hydrogen in Kuwait. The project aims to achieve a capacity of 17GW in renewable energy and 25GW in green hydrogen by 2050. KBR's role involves providing advisory services to create a phased strategy for incorporating significant wind and solar power installations, along with power storage capabilities. The renewable energy generated will be closely tied to the production of green hydrogen, catering to both domestic industrial needs and potential export opportunities. Over the next 18 months, KBR will conduct market analyses, techno-commercial feasibility studies, and impart training to Kuwaiti nationals as part of this endeavor. Jay Ibrahim, President of KBR Sustainable Technology Solutions, expressed enthusiasm about participating in Kuwait's energy transition strategy, highlighting the company's expertise in delivering such projects in the GCC region. This contract underscores KBR's dedication to Kuwait, sustainability, and supporting national energy transition efforts.