Under the terms of the contract, KBR will perform technology evaluations, early engineering and project development for Biojet’s project to convert forestry residues to renewable and sustainable green fuels.
“KBR is pleased to support Biojet in their mission to provide the European market with renewable and sustainable fuels by 2026,” said Jay Ibrahim, President – Sustainable Technology Solutions. “This award aligns with KBR’s focus on combatting climate change and affirms our position as a leader in the sustainable biofuels arena.”
For over 10 years, KBR has developed and/or designed dozens of renewable and sustainable fuels projects across the globe.
ExxonMobil acquired a 49.9% stake in Biojet AS in January of 2022.
“The agreement with Biojet AS advances ExxonMobil’s efforts to provide lower-emissions products for the transportation sector,” said Ian Carr, president of ExxonMobil Fuels and Lubricants Company. “Using our access at the Slagen terminal, we can efficiently distribute biofuels in Norway and to countries throughout northwest Europe.”
Biofuels and biofuel components can meet the requirements for advanced fuels under Norwegian, European Union and United Kingdom regulations. According to the European Union Renewable Energy Directive, biofuels produced from wood waste can help reduce life-cycle greenhouse gas emissions by 85% compared to petroleum-based diesel.
When produced, Biojet AS’s biofuels can be used for passenger vehicles and heavy trucks. Additional opportunities for marine transportation and aviation may develop as the market for lower-emissions biofuels expands.