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Akanksha Bakshi

KBR Bags Engineering Contract For Woodside's H2OK Project

KBR Ardmore

KBR, Inc. (NYSE:KBR) has secured an engineering services contract from Woodside Energy (USA) Inc. for the proposed H2OK liquid hydrogen production facility project in Ardmore, Oklahoma. Financial terms were not disclosed.
KBR will provide a front-end engineering design for Woodside's H2OK liquid hydrogen facility.
Cryogenic liquid hydrogen is used in the transportation industry as a fuel for fleets where the combustion of liquid hydrogen produces zero emissions, with water as the only by-product.
Price Action: KBR shares closed higher by 0.86% at $47.85 on Friday.

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