logo

You are currently viewing: News

Back

27-01-2015

KBR signs technical services agreement for Magnolia LNG export terminal

KBR announced today that it has been awarded a technical services agreement by Magnolia LNG LLC to provide cost verification and other services associated with the delivery of the Magnolia LNG export terminal project located  in the Port of Lake Charles, Louisiana
 
Under the terms of the contract, KBR will complete a FEED gap assessment, work plan and support completion of the remaining FEED activities. This agreement includes the development of a project EPC contract execution plan, schedule, contract and pricing as well as an EPC bridging plan for the construction of the export facility.
 
Additionally, KBR signed a Memorandum of Understanding with Magnolia LNG LLC and Korea’s SK E&C USA under which KBR and SKEC agree to form a joint venture to execute engineering, procurement and construction of the initial two LNG production trains with provision for two additional trains. Upon completion, the four train Magnolia LNG facility will have the capacity to export eight million tons of LNG per year.
 
KBR has delivered more than one third of the world’s current LNG production capacity. KBR expects to book its undisclosed revenues of the project in the company’s 2014 fourth quarter backlog of unfilled orders for the Engineering and Construction segment.

For more information, please visit www.kbr.com

Sponsor:

News Category:

Other News Items

SPONSORS