KBR announced it has been awarded an advisory consulting contract by Kuwait Oil Company for the development of a country wide masterplan for the production of 17GW of renewables and 25GW of green hydrogen by 2050.
Under the terms of the contract, KBR will provide advisory consulting services to develop a phased strategy for the deployment of significant wind and solar power, combined with power storage capability. The renewable power capability will be linked to the production of green hydrogen for internal industrial use, as well as for export purposes. This work is expected to be performed over the next 18 months, with KBR developing a market analysis, techno-commercial feasibility studies, as well training of Kuwaiti nationals.
“We are excited to be a part of this significant national level strategy in Kuwait, as we continue to grow our presence in country,” said Jay Ibrahim, KBR President Sustainable Technology Solutions. “This win highlights our advisory capabilities in the development of major energy transition investments at a national level, supported by decades of successful project delivery and technology deployment in the GCC region. It is indicative of KBR’s strategic commitment to Kuwait, sustainability and the energy transition.”
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR (NYSE: KBR) employs approximately 35,000 people worldwide with customers in more than 80 countries and operations in over 30 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.
About Kuwait Oil Company
Kuwait Oil Company has the important and privileged responsibility of providing energy to the world. Since 1934, our mission has been to explore, develop and produce Kuwait’s hydrocarbon resources. However, our job doesn’t just stop there. At KOC, we believe we can produce Kuwait’s most important resource in a way that is both economically viable and environmentally sound.