KBR Secures Conceptual Study Contract For Floating Blue Ammonia Production From Samsung Heavy Industries
Portfolio Pulse from Benzinga Newsdesk
KBR has been awarded a contract by Samsung Heavy Industries to conduct a conceptual study for floating blue ammonia production. This project is part of SHI's strategy to diversify in ocean energy and maritime technology.
September 12, 2024 | 10:11 am
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KBR has secured a contract from Samsung Heavy Industries to conduct a conceptual study for floating blue ammonia production, highlighting KBR's innovative technology in offshore production.
The contract win from Samsung Heavy Industries is a positive development for KBR, as it showcases their innovative technology in a growing field of ocean energy. This could lead to further opportunities and partnerships, potentially boosting KBR's market position and stock price.
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