Oct 15 (LNGJ) - KBR said a liquefied natural gas engineering joint venture in which the Houston-based firm had a 30 percent ownership interest, JKC Australia LNG, had signed a binding settlement agreement resolving outstanding disputes over the Ichthys LNG project near Darwin. KBR’s partners were Japan’s JGC Corp and Chiyoda Corp.
“We are pleased to announce the resolution of disputes between JKC and its client,” said Stuart Bradie, KBR President and Chief Executive of the Ichthys LNG plant of Inpex Corp. of Japan and France’s TotalEnergies. However, KBR noted that this deal did not affect the continuing pursuit of JKC's claim against its sub-contractor associated with a combined cycle power plant project.
KBR, the US engineering company with a strong energy and LNG presence, has been awarded a master service agreement and feasibility study by Japanese resources company JX Nippon Oil & Gas Exploration Corp.
KBR, the US engineering and LNG contractor, was awarded a major project management consultancy services contract for the Ghasha portfolio of gas projects by Abu Dhabi National Oil Company in the United Arab Emirates, the oldest LNG producer in the Middle East.
US engineering company KBR reported an increase in second-quarter revenues as the energy project backlog surged ahead, led by the contract award for Train 4 at the Freeport LNG export plant on Quintana Island in Texas.
Wood Group of the UK and KBR of the US have won a contract to deliver integrated front-end engineering and design for Royal Dutch Shell’s Crux project comprising the construction of a platform and gas export pipeline located offshore Western Australia and linked to the Prelude floating LNG venture.
KBR, the US engineering and hydrocarbon services company, reported an increase in net profits amid optimism about the liquefied natural gas market as it looked forward to securing more mid-scale projects with joint venture partner ConocoPhillips.
US LNG and energy company KBR said it won a concept definition engineering contract for the two natural gas floating production storage and offloading facilities for the proposed development to send Browse Basin feed-gas to the North West Shelf liquefaction and gas plant in Western Australia.
US energy engineering company KBR said it planned to pursue a new phase of liquefied natural gas joint development with the processing technology of US major ConocoPhillips and concentrating on lower-cost mid-scale projects.
Several thousand delegates are arriving in Barcelona for Gastech 2018, the conference and exhibition at the forefront of the LNG and energy industries and set to be opened on September 17 by King Felipe VI of Spain.
The countdown has begun for Gastech 2018, the conference and exhibition at the forefront of the international gas, LNG and energy industries and set to be inaugurated on September 17 in the Spanish city of Barcelona by King Felipe VI of Spain.