KBR, Inc. announced today the award of a high level feasibility study which includes exploring the possible expansion of the Singapore LNG Corporation Pte Ltd's (SLNG) existing LNG terminal on Jurong Island in Singapore.
SLNG was formed by Singapore's Energy Market Authority (EMA) to develop, build, own and operate Singapore's first LNG Terminal. This is KBR's first contract with SLNG.
Under the terms of the contract, KBR will provide feasible conceptual solutions for SLNG's consideration and create a design option that could be scalable in the long run. This work is expected to be performed over five months, with KBR performing the feasibility study through an integrated core team comprising of LNG expertise from KBR's London and Singapore offices, its Granherne subsidiary and the SLNG's development team.
"Singapore's first LNG Terminal in Jurong Island is a strategic and critical national infrastructure. Together with SLNG, KBR is excited to help advance the growth of the energy market and LNG hub in Singapore and support SLNG's vision of being a world-class terminal operator," said Greg Conlon, KBR President, Asia Pacific.
"KBR is pleased to be awarded this important project and we look forward to working with SLNG to meet the future gas needs for Singapore. This strategic win allows KBR to demonstrate our capabilities and develop a long term working relationship with SLNG on future projects. The project also exhibits KBR's ability to offer integrated solutions through a collaborative execution model to our customers in Asia Pacific by bringing together our global knowledge, experiences and expertise," Conlon continued.
For more than 40 years, KBR has led the concept development, study, design and construction of over forty-five percent of the world's LNG facilities. KBR has participated in nearly 50 LNG terminal projects covering all project phases including feasibility studies, basic design, FEED and engineering, procurement and construction (EPC) execution.
Revenue associated with this project was undisclosed and will be booked into backlog of unfilled orders for KBR's Engineering & Construction Business Segment in Q3 2016.
Date: Oct 10, 2016