HOUSTON, Sept. 26,
2023 /PRNewswire/ -- KBR (NYSE: KBR) announced today
that it has been awarded a blue hydrogen process technology and
front-end engineering design (FEED) contract by EET Hydrogen for
its planned HPP2 low-carbon hydrogen facility at HyNet, the UK's
leading industrial decarbonization project.
Under the terms of the agreements, KBR will provide technology
licensing, proprietary engineering design and equipment, catalyst
and FEED for up to 1000 MW plant capacity to be located at the
Stanlow Manufacturing Complex. HyNet includes hydrogen production
and supply, and carbon capture and sequestration (CCS) to support
the decarbonization of hard-to-abate sectors in a region of
concentrated conventional energy usage.
"We are excited to support EET Hydrogen on this significant
decarbonization project. KBR will apply its proprietary hydrogen
knowledge and technology to help deliver the largest blue hydrogen
energy transition project in the UK," said Jay Ibrahim, President, KBR Sustainable
Technology Solutions. "This strategic win attests to our commitment
towards helping our clients with both their ESG and business
objectives."
KBR has been a leader in engineering design, process technology
development, commercialization, and plant design solutions for over
50 years.
About KBR
We deliver science, technology and engineering solutions to
governments and companies around the world. KBR employs
approximately 33,000 people performing diverse, complex and
mission-critical roles in 33 countries.
KBR is proud to work with its customers across the globe to
provide technology, value-added services, and long-term operations
and maintenance services to ensure consistent delivery with
predictable results. At KBR, We Deliver.
Visit www.kbr.com
Forward Looking Statements
The statements in this press release that are not historical
statements, including statements regarding the company's
performance of its contract with EET Hydrogen, are forward-looking
statements within the meaning of the federal securities laws. These
statements are subject to numerous risks, uncertainties and
assumptions, many of which are beyond the company's control, that
could cause actual results to differ materially from the results
expressed or implied by the statements. These risks, uncertainties
and assumptions include, but are not limited to, those set forth in
the company's most recently filed Annual Report on Form 10-K, any
subsequent Form 10-Qs and 8-Ks and other U.S. Securities and
Exchange Commission filings, which discuss some of the important
risks, uncertainties and assumptions that the company has
identified that may affect its business, results of operations and
financial condition. Due to such risks, uncertainties and
assumptions, you are cautioned not to place undue reliance on such
forward-looking statements, which speak only as of the date hereof.
Except as required by law, the company undertakes no obligation to
revise or update publicly any forward-looking statements for any
reason.
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SOURCE KBR, Inc.