Following the completion of performance testing and handover from OCI Global, Australia’s energy giant Woodside Energy has assumed operational control of the Beaumont New Ammonia (BNA) facility, located in southeast Texas, U.S.
Woodside completed the acquisition of 100% of OCI Clean Ammonia Holding B.V in September 2024 in an all-cash consideration of approximately $2,350 million, inclusive of capital expenditure through completion, with 80% paid at the time of acquisition and a 20% residual now paid on assumption of operational control, less adjustments for closing and other items.
