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

India proposes higher ethanol blending

India issued a notification late on ​Tuesday proposing amendments to ‌the Central Motor Vehicles Rules to formally incorporate higher ​ethanol-blended fuels. The aim is to reduce the country’s reliance on

Read More
Terminal News

United Arab Emirates leaves Opec

The United Arab Emirates (UAE) has announced it is leaving the Opec and Opec+ groups, after the World Bank warned the war in the Middle East has caused the biggest

Read More
Shell logo in sky
Terminal News

Shell to acquire ARC Resources

Shell has entered into a definitive agreement to acquire ARC Resources, an energy company focused on the Montney shale basin in British Columbia and Alberta, Canada. The acquisition accelerates Shell’s

Read More