KBR wins project management contract for Power2X eFuels project in Rotterdam

Industry
โดย GlobeNewswire·Read original
Summary · why it matters

KBR has been awarded the Project Management Consultant contract by Power2X for its eFuels project in Rotterdam. The project is expected to produce over 250,000 tons of e-SAF per year, comprising nearly 40% of the total production mandated by the ReFuelEU Aviation Regulation, and is scheduled for completion in line with the first phase of the mandates between 2030 and 2032. Under the contract, KBR will provide project management services during the FEED and execution phases, covering cost, schedule, quality, and safety. The facility is one of the largest European projects of its kind and a flagship for decarbonizing fuels, contributing significantly to ReFuelEU eSAF blending targets in its first phase.

Impact on stocks 1

Energy Transition & Power Demand · 1 stocks
KBR Inc
KBR
▲ PositiveDemandrelevance

KBR wins project management contract for large eFuels project, securing revenue from services.

Off-coverage companies 1

Power2XPrivate▲ Positive
Demandrelevance

Power2X advances its eFuels project with KBR's support, moving toward production goals.