Terminal News

Clean Hydrogen Works Awards McDermott FEED Contract

Written by...

Picture of Kate Rainford

Kate Rainford

Kate is our deputy editor at Tank Storage Magazine

Clean Hydrogen Works has awarded McDermott the front-end engineering and design (FEED) contract for the Ascension Clean Energy (ACE) Project, in Louisiana, USA.

The ACE project will initially produce 2.4 million tonnes per annum (mtpa) of clean ammonia, with expansion in subsequent phases to 7.2 mtpa. With carbon capture and sequestration (CCS) contracts with ExxonMobil, regulatory approvals expected by early 2025, off-take in advanced discussions and Goldman Sachs as Financial Advisor, the ACE Project is expected to reach final investment decision by late 2025 and start production in 2029.

Johnny Cook, CHW senior vice president of engineering, procurement and construction says: ‘We are thrilled to partner with McDermott. This collaboration further strengthens key competitive advantages of our project, including being a mega module capable site with ready infrastructure access to gas, shipping and CCS, an unmatched shareholder base with expertise in CCS and maritime transport, and an experienced team with demonstrated success in executing mega module projects.’

Rob Shaul, McDermott’s senior vice president of low carbon solutions adds: ‘Our integrated delivery model, with self-perform construction capabilities and portfolio of McDermott-owned, globally diversified, module fabrication yards means we can offer CHW a repeatable modular implementation solution that is expected to maximise value, reduce risk and provide quality assurance.’

Share this article:

Latest terminal news

Terminal News

US-Iran Ceasefire Lauds Oil Relief

A two-week ceasefire between the USA and Iran has been agreed, contingent on the reopening of the Strait of Hormuz. A significant relief rally is now underway, as more than

Read More
Fire fighters put out fire
Terminal News

Iran Strikes Kuwait Oil Infrastructure

Firefighters have put out a blaze at one of Kuwait’s major oil refineries, and at the countries airport, following Iranian strikes over the weekend. Drone strikes have caused “severe material

Read More
Terminal News

MOL Group Unveils Blue Action 2035

Mitsui O.S.K. Lines (MOL Group) has launched Phase 2 of its group management plan: ‘BLUE ACTION 2035’ effective April 1. In Phase 2, the focus of group management will shift

Read More