The project will also have its own port infrastructure to enable export of products to global markets. (Source: Shutterstock)
McDermott has been selected by Abraxas Power to carry out engineering and construction planning services for an $8.7 billion green hydrogen and ammonia production project in Canada.
The engineering and construction firm on June 17 said it was awarded an early contractor agreement for the Exploits Valley Renewable Energy Corp. project in Central Newfoundland. The project, expected to become the first commercial facility of its kind for Canada, will use wind and solar energy to produce hydrogen and ammonia.
As part of the agreement, McDermott will provide the FEED, engineering, procurement and construction (EPC) execution planning services and open book EPC cost estimate for the hydrogen production, ammonia processing and product storage portion of the project, according to a news release.
“Our century of experience, from concept to completion, and integrated delivery model, means we can offer Abraxas a repeatable modular implementation solution that is expected to drive cost savings, reduce risk and provide quality assurance,” Rob Shaul, senior vice president of low carbon solutions for McDermott, said in the release.
Plans are to generate about 200,000 tons of hydrogen and 1 million tons of green ammonia annually at the power-to-X mega project, according to Abraxas. The project will also have its own port infrastructure to enable export of products to global markets.
Recommended Reading
ONEOK’s Acquisitions Pay Off with Increased Earnings
2024-10-31 - ONEOK Inc. also announced the completion of its $2.6 billion Medallion Midstream deal.
DT Midstream Closes $1.2B Midwest Pipeline Acquisition with ONEOK
2024-12-31 - DT Midstream acquired three pipelines with more than 3.7 Bcf/d of capacity that span approximately 1,300 miles across seven states.
DT Midstream to Buy 3 Pipe Networks from ONEOK in $1.2B Deal
2024-11-19 - ONEOK plans to use the proceeds from the sale of the Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission to focus on other operational priorities.
Blackstone in Talks to Buy US Pipeline Stakes from EQT for $3.5B, Sources Say
2024-10-28 - If the talks are successful, the deal would help natural gas producer EQT slash the debt pile it accumulated from its acquisition of pipeline operator Equitrans Midstream earlier this year.
Coterra Notches Year-End Permian Deal for $43MM
2024-12-31 - Coterra Energy will buy an additional 1,650 net royalty acres from Sandia Minerals LLC, the interests of which are owned by Franklin Mountain Royalty Investments, for $43 million.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.