Fluor awarded Cormorant Clean Energy contract; terms not stated

Fluor “announced that it has been awarded a contract for front-end engineering and design and procurement services by Cormorant Clean Energy, LLC – a subsidiary of 8 Rivers Capital, LLC – for the construction of a low-carbon blue ammonia production facility. The contract will be recognized in the third quarter of 2023. Once constructed, the facility will be the first commercial-scale application of 8 Rivers’ 8RH2 ultra-low-carbon hydrogen production technology. The hydrogen produced will be converted into ammonia that can be easily stored and transported until it is ‘cracked’ back into hydrogen after reaching its end user. The facility’s ammonia will be considered ‘blue’ because more than 99% of the carbon dioxide generated will be captured as part of the process.”