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KBR Awarded FEED Contract for Oman LNG's Debottlenecking ProjectHOUSTON, May 15, 2019 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today it has been awarded a Front End Engineering Design (FEED) contract by Oman LNG L.L.C for the debottlenecking of their facility at Sur in the Sultanate of Oman. Under the terms of the contract, KBR will provide FEED services for the debottlenecking project to increase production at its world-class plant in Sur. This FEED stipulates KBR performing full FEED services including licenser and vendor management and associated services. "This project builds on KBR's extensive track record of developing and implementing LNG projects and providing solutions to complex developments around the world," said Jay Ibrahim, KBR President, Energy Solutions - Services. KBR will act as an extension to Oman LNG's project team and help manage the overall execution of the project including the management of the supply and ensure all areas of compliance and safety are adhered to. The contract underpins Oman LNG's robust commitment towards knowledge sharing and boosting staff competency in dealing with such complex projects, while enhancing Oman LNG's enriched In-Country Value (ICV) efforts. "We are excited to be a part of this important project and to continue to grow and maintain our presence in Oman," continued Ibrahim. "This indicates KBR's strategic commitment to deliver our differentiated services and develop our presence and long term commitment to Oman, support its in-country value initiatives and to develop a highly skilled in-country engineering capability." A pioneer in the LNG industry, KBR has designed and constructed one-third of the world's LNG production. About KBR, Inc. KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Solutions and Energy sectors. KBR employs approximately 37,500 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businsses:
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. Visit www.kbr.com Forward Looking Statement KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason. View original content to download multimedia:http://www.prnewswire.com/news-releases/kbr-awarded-feed-contract-for-oman-lngs-debottlenecking-project-300850325.html SOURCE KBR, Inc. |