KBR, Inc. (NYSE: KBR) announced today it has been awarded a Project Management Consultancy (PMC) contract by Occidental of Abu Dhabi Ltd. on behalf of Abu Dhabi National Oil Company (ADNOC) for management of the Front End Engineering and Design Services (FEED) phase of the Dalma Gas Field Development and the Detailed Design and Surveys phase of the Hail & Ghasha Islands project at Abu Dhabi, United Arab Emirates.
Under the terms of the contract, KBR will provide project management consultancy services. This work is expected to be performed over 24 months, with an option to extend another 12 months.
ADNOC is undertaking a project for the development of the Dalma Gas Field in line with its objective to deliver a more sustainable and economic gas supply by implementing a fully integrated gas master plan that increases productivity, performance and delivery.
The Hail & Ghasha Project, one of the largest sour gas fields projects that ADNOC is developing, is forecast to produce about 1 billion cubic feet of sour gas per day.
The infrastructure requirements for the Hail & Ghasha Project include a minimum of eleven offshore artificial islands to be designed and constructed.
"KBR is pleased with the opportunity to continue our sustained relationship with ADNOC by providing our expertise, best practices and knowledge in project management to oversee ADNOC's field production activities in Abu Dhabi," said Jay Ibrahim, KBR President for EMEA.
"This project demonstrates KBR's ability to offer cost effective solutions to our customers in the EMEA region by combining our global expertise and local presence," Ibrahim continued.
Revenue associated with this project was undisclosed and will be booked into backlog of unfilled orders for KBR's E&C Business Segment in the second half of 2017.
Date: Aug 16, 2017