April 26 (LNGJ) - US engineering company KBR reported a higher first-quarter profit. Its backlog rose almost 45 percent to $15.75 billion because of its EPC role in the Ichthys LNG project in Australia. "In several of our end markets, project opportunities are beginning to accelerate which should drive stronger operating results through the balance of the year and into the future," Chief Executive Bill Utt said in a statement.
KBR earnings steady
Written by John McKay
Thursday, 26 April 2012
Free Read
font size
Published in
News in brief
Latest from John McKay
- Italian gas grid and LNG terminals operator SNAM makes progress in acquiring more natural gas storage
- US equipment and services firm Baker Hughes buoyed by orders for Algerian gas field and Australian LNG
- Italy’s Enel utility reports drop in revenues from natural gas to power businesses in Europe and South America
- TechnipFMC increases earnings as orders grow for oil and gas and LNG projects to. boost the backlog
- Golden Pass advances
Related Video
Free Read
