KBR Awarded Feasibility Studies Contract for the Kikori Energy Hub in Papua New Guinea

KBR, Inc. announced today it has been awarded a contract by Kumul Petroleum Holdings Limited (KPHL) for conceptual development and feasibility study services for an energy hub in the Kikori region of the Gulf Province of Papua New Guinea .

Under the terms of the contract, KBR will provide location and technology screening studies for a mid-scale LNG liquefaction and regional export facility,180MW power generation facility, methanol process facility and a condensate stabilization, storage and regional export facility.

The Kikori Energy Hub (KEH) is an extension of KPHL's Western Pipeline Project that seeks to connect oil and gas fields in the country's western provinces to the coast for export.

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"KBR is very pleased to be part of this development study which has the potential to become a significant nation building project for Papua New Guinea ," said Greg Conlon, KBR President, Asia Pacific .

"This is the seventh strategic study awarded to KBR this year for projects in South East Asia and Australia , demonstrating our strong regional expertise across onshore LNG and FLNG solutions, existing LNG plant and receiving terminal expansions and LNG regasification and distribution solutions," added Conlon.

For more than 40 years, KBR has led the concept development, study, design and construction of over forty percent of the world's LNG facilities.

Revenue associated with this project will be booked into backlog of unfilled orders for KBR's E&C Business Segment in Q3 2017.

Source: KBR
Date: Aug 31, 2017