KBR, Inc. (NYSE: KBR) announced today the award of a pre-front end engineering and design (FEED) study for PT Australasia LNG Indonesia’s (AALNG) new proposed LNG Hub terminal in Probolinggo, East Java, Indonesia. This is KBR’s first contract with AALNG.
Under the terms of the contract, KBR will provide a pre-FEED study for the onshore LNG regasification and truck loading distribution facilities of AALNG’s proposed LNG Hub Terminal. The pre-FEED study will be further developed for subsequent implementation phases to meet a throughput capacity of 3 million MTPA. The terminal could potentially be expanded by adding more LNG Regas trains and LNG storage to meet future demands in the East Java region. This work is expected to be performed over ten weeks, with KBR performing the pre-FEED study through an integrated team led by LNG expertise from KBR’s London office with support from KBR’s Jakarta office and its Granherne subsidiary.
“KBR is pleased to be awarded this important project and we look forward to furthering our working relationship with AALNG and to supporting AALNG in their future projects,” said Greg Conlon, KBR President, Asia Pacific. “This project demonstrates KBR’s ability to offer integrated solutions through a collaborative execution model to our customers in Asia Pacific by bringing together our global knowledge, experiences and expertise,” Conlon continued.
For more than 40 years, KBR has led the concept development, study, design and construction of over forty-five percent of the world’s LNG facilities. KBR has participated in nearly 50 LNG terminal projects covering all project phases including feasibility studies, basic design, FEED and engineering, procurement and construction (EPC) execution.
Revenue associated with this project was undisclosed and will be booked into backlog of unfilled orders for KBR’s Engineering & Construction Business Segment in Q4 2016.
About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Hydrocarbons and Government Services Sectors. KBR employs over 31,000 people worldwide, with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:
- Government Services, serving government customers globally, including capabilities that cover the full life-cycle 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 & Consulting, 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; gasification; oil and gas consulting; integrity management; naval architecture and proprietary hulls; and downstream consulting
- Engineering & Construction, 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) and program management
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.
Forward Looking Statement
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KBR’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other 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.