KBR Awarded FEED Contract for NLNG's Project
HOUSTON (August 1, 2018)
KBR, Inc. (NYSE: KBR) announced today it has been awarded an LNG FEED contract by Nigeria LNG (NLNG) for further expansion of the Bonny Island LNG plant at Bonny Island, Nigeria.
Under the terms of the contract, KBR, as leader of the Bonny7JV with partners TechnipFMC and JGC, will provide the basic design package and EPC bid for the expansion. The Train 7 project covers the addition of a Complete LNG Train and an additional Common Liquefaction Unit (CLU) at the facility. The CLU draws feedstock from the six existing LNG trains delivered by KBR and partners from 1995 to 2007.
"We are excited to be a part of this significant project and to continue to grow and maintain a substantial presence in the EMEA Region," said Jay Ibrahim, KBR President, Europe, Middle East and Africa and Asia-Pacific. "This award is indicative of KBR's strategic commitment to support NLNG, building on past success to deliver a high level of Nigerian content and helping to build a better Nigeria."
Estimated revenue associated with this project will be booked into backlog of unfilled orders for KBR's Hydrocarbons Services Business Segment in the third Quarter of 2018.
About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Services and Hydrocarbons sectors. KBR employs approximately 34,000 people worldwide (including our joint ventures), with customers in more than 75 countries, and operations in 40 countries, across three synergistic global businesses:Government Services, serving government customers globally, including capabilities that cover the full lifecycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics Technology, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining and gasificationHydrocarbons Services, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU); program management and consulting services
KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
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