Samsung C&T has joined Pilot Energy as Joint Development Partner in the Mid West Clean Energy Project (MWCEP) in Australia, which involves the development of carbon capture and storage (CCS) and clean ammonia.
Subject to key conditions being satisfied, Samsung C&T will acquire a 20% stake in the MWCEP; has rights to act as the EPC contractor for the clean ammonia project; and will use its skills to arrange for clean ammonia offtake for export to Korea.
The agreement is described as a ‘non-binding, conditional MOU’ in relation to the development of the Cliff Head CCS Project (CH CCS) and the Clean Energy Ammonia Project (collectively known as the MWCEP).
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