LNG

Mar 25 (LNGJ) - KBR, the US energy and LNG engineering company, has held a series of presentations to investors with President and Chief Executive Stuart Bradie explaining the Houston-based firm's new strategy and restructuring plan. KBR is currently executing two mega-LNG projects, Gorgon and Ichthys in Australia. "Existing LNG projects are expected to remain significant components of earnings in 2015 and 2016 and LNG prospects support backlog growth in 2016 and beyond," the company said. Its most recent award was the Magnolia LNG project in the US state of Louisiana.