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Clean Hydrogen Works Welcomes Robert Tully as SVP of ACE

Clean Hydrogen Works Welcomes Robert Tully as SVP of ACE

Clean Hydrogen Works Appoints New Senior Leader

Clean Hydrogen Works (CHW) is excited to announce that it has appointed Robert W. (Rob) Tully as the Senior Vice President (SVP) and Venture Executive for Ascension Clean Energy (ACE). This strategic appointment marks a significant milestone in CHW's journey towards advancing clean energy solutions. Rob Tully will spearhead the development of the ACE project, focusing on establishing key strategic ventures that facilitate the pathway towards a successful final investment decision (FID).

Rob Tully's Impressive Background

Bringing with him over 40 years of experience, Rob Tully has a rich background in the energy sector, particularly with ExxonMobil. His extensive career includes a variety of strategic roles, including Technical Manager and Site Manager at the Beaumont Chemical Plant. Rob's experience expands to the European region as the Regional Manufacturing Manager and as the Vice President of Engineering & Construction. His leadership was instrumental with SABIC in the JV capacities at Kemya and Yanpet.

A Strong Track Record of Success

Rob also served as the Venture President for Gulf Coast Growth Ventures (GCGV), a significant joint venture that represents a partnership between ExxonMobil and SABIC, involving an investment of $8 billion on the United States Gulf Coast (USGC). Under his leadership, GCGV became a pioneering petrochemical project, achieving remarkable efficiency in cost and performance due to innovative construction with maximum mega modules. His contribution to community engagement and operational readiness has been vital in guiding ventures towards their FID.

The Vision for Ascension Clean Energy

Upon accepting his new role, Rob expressed enthusiasm about joining CHW. He remarked, "I am pleased to join CHW and look forward to contributing to the successful development and implementation of the ACE project. This is a remarkable opportunity to lead a transformative project that will help to shape the future of clean energy and a sustainable world." The ACE project, designed to cater to the increasing global demand for low-carbon energy, will be pivotal in CHW's operations.

Project Details and Future Plans

The ACE project stands out as CHW's flagship initiative within Ascension Parish, aimed at producing clean ammonia at a remarkable scale. Initial production is set at 2.4 million metric tons per annum (MTPA), with future expansions projected to double this output to 7.2 MTPA. Partnering with ExxonMobil for CO2 Services, McDermott for FEED/EPC, and collaborating with Goldman Sachs as financial advisors, CHW is diligently working on regulatory approvals that are anticipated by early 2025. Off-take agreements are at advanced stages, paving the way towards reaching FID by late 2025, with production slated to commence in 2029.

About Clean Hydrogen Works

Clean Hydrogen Works (CHW) focuses on pioneering clean energy development by delivering sustainable energy solutions worldwide. The company thrives on forming strategic partnerships with influential leaders in the industry. By integrating clean hydrogen and ammonia value chains, CHW aims to meet the world’s increasing demand for sustainable energy effectively. Their collaborations with major players, including ExxonMobil, Mitsui O.S.K. Lines, and Hafnia position CHW as a key facilitator in the energy transition.

Frequently Asked Questions

Who is Robert W. Tully?

Robert W. Tully is the newly appointed Senior Vice President for Ascension Clean Energy at Clean Hydrogen Works, bringing extensive experience from ExxonMobil.

What is the ACE project?

The ACE project is Clean Hydrogen Works' flagship facility aimed at producing low-carbon energy, specifically clean ammonia.

When is the expected production start for the ACE project?

The ACE project is expected to commence production in 2029, following strategic development and regulatory approvals.

What is CHW's goal with the ACE project?

CHW aims to lead the future of clean energy and address the global demand for sustainable energy solutions through the ACE project.

How does CHW plan to achieve its ambitions?

CHW is focusing on strategic partnerships, innovative project management, and community engagement to facilitate the success of the ACE project and others.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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