Fertiglobe, the OCI NV- Abu Dhabi National Oil Co. (ADNOC) ammonia and urea joint venture, said on Feb. 14 it has signed an engineering, procurement, and construction contract (EPC) with Italy’s Tecnimont SpA on behalf of its partners in the Ta’ziz 1 million mt/y low carbon ammonia project in the UAE.
Fertiglobe joined the blue ammonia production project in the Ta’ziz industrial and chemicals hub in Ruwais in June 2021 (GM June 25, 2021). Last month, the project initiators, ADNOC and Abu Dhabi holding company ADQ (GM May 28, 2021), signed a shareholder agreement with Fertiglobe and South Korea’s GS Energy Corp. and Japan’s Mitsui & Co. for the project.
Mitsui and GS Energy agreed to partner in the Ta’ziz joint venture in November 2021 (GM Nov. 19, 2021). In addition to becoming partners, Mitsui and GS Energy will, upon equity participation and supply commencement, off-take “significant volumes” of blue ammonia to “meet growing demand in the energy and industrial sectors in Japan and Korea, respectively.”