13-05-2019

KBR selected as preferred bidder for freeport LNG train 4 EPC project

KBR, Inc. announced today it has been selected by Freeport LNG Development, L.P. as the preferred bidder for the engineering, procurement, construction, and commissioning (EPC) contract for Train 4 at Freeport LNG's export facility near Freeport, Texas.

"We are excited to be selected for this significant project, and to continue to grow our leadership position in gas monetization," said Stuart Bradie, KBR President and CEO. "This project is firmly in line with our stated corporate strategy to sign up the right work with the right clients and we appreciate FLNG's confidence in KBR's ability to deliver."
 
Under the terms of the expected EPC contract, KBR will provide engineering, procurement, construction, commissioning and startup of a nominal 5 mtpa LNG train and associated gas pre-treatment plant for the export of U.S. gas to international markets.
 
This selection was made following completion of a 9 month front-end engineering and design (FEED) verification, execution planning and EPC proposal process and demonstrates the trust Freeport LNG has placed in KBR to deliver with great surety of outcome. The 4th train will be similar to the first 3 trains at the facility. KBR also has extensive experience successfully delivering projects in the U.S. Gulf Coast region – including a recent EPC ammonia facility in the Freeport area.
 
It is expected that the fixed price EPC contract will be concluded within this quarter and will be followed by a Limited Notice to Proceed period which will include early engineering and commitment of critical long lead equipment orders. It is expected that full notice to proceed will occur in the second half of 2019.
 
For over 40 years KBR has managed and developed approximately a third of the world's LNG capacity through a portfolio of liquefaction and terminal projects. Backed by a legacy of engineering innovation, hands-on knowledge and technical expertise, KBR creates solutions to customers' challenges that deliver the impossible on a daily basis.