Woodside Energy: Early-mover advantage in the growing lower-carbon ammonia market
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As a global energy provider, Woodside Energy is working on adding lower-carbon ammonia to its product mix. The company recently completed its acquisition of the Beaumont Clean Ammonia Project from OCI Global for approximately $2.35 billion.
Located on the US Gulf Coast, phase one of the project will have the capacity to produce 1.1 million tons per year of ammonia, utilizing gas feedstock. The facility is designed to accommodate a second 1.1 million tons per year production train (phase two). Phase 2 remains pre-final investment decision (FID). Woodside will target FID readiness for Phase 2 in 2026.
The project is under construction and targets production of first ammonia from 2025, and lower-carbon ammonia from 2026. Linde will supply hydrogen feedstock to the facility with ExxonMobil to offtake the carbon dioxide associated with Linde’s hydrogen production for transportation and permanent sequestration. Beaumont Clean Ammonia will be among the first lower-carbon ammonia projects in the United States.
To discuss Beaumont Clean Ammonia, Rick Beuttel (Vice President Business Development & Origination, New Energy US, Woodside Energy) joined AEA Technology Manager Kevin Rouwenhorst in conversation.