In a significant move, Hazer Group Ltd and Kellogg Brown and Root LLC (KBR) have formed a binding Alliance Agreement to propel the licensing and commercialization of Hazer's pioneering methane pyrolysis technology. This strategic partnership positions Hazer as KBR's exclusive global partner for marketing and licensing its technology in the ammonia and methanol markets, with a future focus on decarbonizing hydrogen markets. The collaboration leverages KBR's extensive experience in sustainable technology solutions and Hazer's innovative clean hydrogen production technology. The agreement outlines a capital-lite licensing model, with KBR contributing A$3 million to a work program aimed at advancing Hazer's market presence in ammonia and methanol sectors, particularly in regions like North America and the Middle East. Hazer's CEO, Glenn Corrie, expressed excitement about the partnership, highlighting the potential to address the urgent need for low-emission hydrogen in industries requiring decarbonization. The companies plan to work on up-scaling Hazer's technology for commercial deployment, targeting hydrogen capacities exceeding 50,000 tonnes per annum. Furthermore, the Alliance sets clear revenue targets, with a strong emphasis on securing multiple licensing deals within the next six years. KBR's President Sustainable Technology Solutions, Jay Ibrahim, emphasized the synergies between KBR's deployment expertise and Hazer's leading clean hydrogen technology. The agreement includes terms for royalty and licensing fee sharing, with performance objectives driving the collaboration. Overall, the strategic alliance between Hazer and KBR signifies a significant step towards advancing clean hydrogen technologies on a global scale. The partnership not only aims to accelerate the commercialization of Hazer's methane pyrolysis technology but also underscores a shared commitment to sustainability and decarbonization in key industrial sectors.