Australian energy company Woodside has finalized the acquisition of OCI Clean Ammonia Holding and its innovative lower carbon ammonia project in Beaumont, Texas. This project, deemed the world's first large-scale, low-carbon intensity hydrogen-based greenfield ammonia facility, is set to commence production in 2025. By utilizing natural gas paired with carbon capture and storage (CCS) operations, the facility is paving the way for lower carbon ammonia production by 2026. Woodside has secured agreements for feedstock sourcing primarily from Linde, with plans to expand into the European and Asian markets once CCS operations are active. The strategic move includes a Phase 2 expansion to accommodate traditional and lower carbon ammonia customer demands, showcasing Woodside's commitment to the energy transition. Woodside CEO Meg O'Neill highlighted the project's potential applications in various sectors and its significant abatement capabilities, aligning with Woodside's Scope 3 investment targets. With a focus on sustainability and profitability, this acquisition marks a significant step towards Woodside's investment strategy and market expansion in the lower carbon ammonia sector.