KBR Says Its Blue Ammonia Technology Selected By Shell For Its Blue Horizons Low-Carbon Hydrogen And Ammonia Project In Duqm, Oman
Portfolio Pulse from Benzinga Newsdesk
KBR announced that its Blue Ammonia technology has been selected by Shell for the Blue Horizons low-carbon hydrogen and ammonia project in Duqm, Oman.
July 22, 2024 | 10:06 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
KBR's Blue Ammonia technology has been selected by Shell for a significant low-carbon hydrogen and ammonia project in Oman, which could enhance KBR's market position in the low-carbon technology sector.
The selection of KBR's technology by a major player like Shell for a significant project indicates strong validation of KBR's technology and could lead to increased demand and market share in the low-carbon sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Shell has chosen KBR's Blue Ammonia technology for its Blue Horizons project in Oman, highlighting Shell's commitment to low-carbon initiatives and potentially enhancing its sustainability credentials.
By selecting KBR's technology, Shell demonstrates its commitment to low-carbon projects, which could positively impact its reputation and align with global sustainability trends.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80