McDermott awarded contract for a net-zero power plant in the US

G2 Net-Zero CEO Angele Davis announced the award of a Front-End Engineering Design (FEED) contract for the development of its net-zero power generation plant in Southwest Louisiana in the US to McDermott International.

The company said that the work will begin within January 2022 and is expected to be completed within nine months.

“We executed an intensive and exhaustive search to find the right provider and all roads led to McDermott,” said Davis. “Their proven project execution model, unparalleled expertise, industry-leading safety record and technical standards will help propel G2 toward profitable on-schedule production of our much-anticipated net-zero emission products. The world is telling us they want and need our products today—not 20 years from now—and we’ve promised to deliver.”

G2 Net-Zero, a venture of Chas Roemer Innovations, is a Louisiana-based company that will use breakthrough technology developed by NET Power to provide emission-free electricity, liquefied natural gas and industrial by-products like blue ammonia, argon, nitrogen, hydrogen and oxygen to provide clean energy solutions.

“We welcome the opportunity to progress towards a carbon-neutral future driven by clean, sustainable and affordable energy with G2,” said Samik Mukherjee, McDermott Executive Vice President and Chief Operating Officer.

“We are pleased to see G2 Net-Zero engaging the services of McDermott to execute the project’s FEED. McDermott’s long history of tailored, fine-tuned project management assures G2’s ability to expediently deploy our NET Power technology and get their suite of net-zero products swiftly out into a world eagerly waiting for clean energy options,” added Ron DeGregorio, NET Power CEO.