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KBR Renews Natural Gas Alliance With JGC

Source: www.gulfoilandgas.com 8/29/2005, Location: North America

KBR announced that it has renewed its Natural Gas Alliance with JGC Corporation, thereby enabling the two companies to continue working together to offer valuable engineering, procurement, construction, commissioning and start-up services to Liquefied Natural Gas (LNG) and Gas-to-Liquids (GTL) customers worldwide. KBR is the engineering, construction and services subsidiary of Halliburton.

"KBR is the world's leading provider of design, engineering, construction, commissioning and start-up services to the gas monetization industry," said Andy Lane, Halliburton's executive vice president and chief operating officer. "This alliance demonstrates to our customers that we are committed to continuing to provide these best-in-class services to our customers across the globe."

The three-year alliance, which renews the previous agreement between KBR and JGC that began in 1999, enables the two companies to build upon their respective strengths and work together to pursue and execute the engineering and construction of base load LNG liquefaction plants, base load floating LNG plants, and GTL plants around the world. Under the previous agreement, KBR and JGC were awarded more than 15 front-end engineering design (FEED) and/or EPC contracts, including projects in Nigeria, Egypt, Australia, Angola, Peru, Yemen, Indonesia, Qatar, Oman and Malaysia. From 2000-2004, the two companies completed a total capacity of 19.75 million metric tons per annum (MTPA) of LNG plants.

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