Worley to deliver FEED for First Ammonia's electric ammonia facility
Worley has been selected by First Ammonia to deliver the front-end engineering design (FEED) for an electric ammonia facility in Victoria, Texas. The facility has an initial anticipated production capacity of 300 metric tons per day and has been designed to allow for further expansion.
Deal Analysis
- Worley is providing FEED services, indicating the project is moving towards detailed design and construction.
- First Ammonia is focused on green ammonia production, aligning with global decarbonization efforts.
- The facility is located in Texas, a major hub for ammonia production and distribution.
- The project is designed for future expansion, suggesting a long-term commitment to green ammonia production.
Source Intelligence
The facility has an initial anticipated production capacity of 300 metric tons per day and has been designed to allow for further expansion, supporting long-term growth in low carbon energy production. "The facility has an initial anticipated production capacity of 300 metric tons per day and has been designed to allow for further expansion, supporting long-term growth in low carbon energy production." FEED study has a target completion date of Q1 2025, with construction expected to begin later this year. "The FEED study has a target completion date of Q1 2025, with construction expected to begin later this year." First Ammonia is considering a lease with a 50-year option on 115 acres at the Port’s newly founded Texas Logistics Center. "First Ammonia is considering a lease with a 50-year option on 115 acres at the Port’s newly founded Texas Logistics Center." First Ammonia would be investing an initial 275 million dollars in infrastructure, with the possibility of a complete buildout totaling one billion dollars. "If the contract comes to fruition, First Ammonia would be investing an initial 275 million dollars in infrastructure, with the possibility of a complete buildout totaling one billion dollars."
"Worley has been selected by First Ammonia to deliver the front-end engineering design (FEED) for an electric ammonia facility in Victoria, Texas."
"Worley has been selected by First Ammonia to deliver the front-end engineering design (FEED) for an electric ammonia facility in Victoria, Texas."
"First Ammonia and Topsoe have finalized and signed the supply and service agreements for the first solid oxide electrolyzers for the flagship green ammonia project in Victoria, Texas."
"Uniper and First Ammonia are working together to deliver green ammonia to Uniper as part of a global effort to reduce greenhouse gas emissions for ammonia consumers."
"First Ammonia is proud to announce a milestone in its Series B round with investments from a group of global investors including the Development Bank of Japan affiliated company Mercuria Holdings and Tokyo-based investment company Manies Group."
"First Ammonia is proud to announce a milestone in its Series B round with investments from a group of global investors including the Development Bank of Japan affiliated company Mercuria Holdings and Tokyo-based investment company Manies Group."
Global Infrastructure Sherpa