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KBR Awarded FEED Contract for World-Scale LNG Project in British Columbia



  KBR Awarded FEED Contract for World-Scale LNG Project in British Columbia

Business Wire

HOUSTON -- May 21, 2013

KBR (NYSE: KBR) today announced it was awarded a contract by Pacific NorthWest
LNG Ltd., a subsidiary of Malaysia’s state-owned oil company (PETRONAS) and
Japan Petroleum Exploration Co., Ltd. (JAPEX), to execute front-end
engineering and design (FEED) and early detailed engineering work for a
world-scale LNG export facility at Lelu Island near Prince Rupert, British
Columbia. KBR is partnered with JGC Corporation for the project.

The purpose of the project is to process shale gas produced from British
Columbia’s North Montney region into LNG that is suitable for export. The
contract calls for FEED and early detailed engineering work for a two-train
LNG plant with a yearly capacity of 12 million tons and associated shipping
facilities. Associated facilities include utilities, storage, loading, ship
berthing and personnel accommodation facilities. This project allows KBR to
build on our extensive Canadian experience and resources including work that
is already on-going in other parts of British Columbia.

"We are pleased to play an important role in this world-scale facility. This
award is further indication of KBR's position as a leading provider of gas
monetization solutions for our clients around the world," said Mitch Dauzat
President, KBR Gas Monetization. "We look forward to working with Pacific
NorthWest and our partner JGC Corporation on this historic LNG export
facility."

KBR is a global engineering, construction and services company supporting the
energy, hydrocarbon, power, industrial, civil infrastructure, minerals,
government services and commercial markets. For more information, visit
www.kbr.com.

Contact:

KBR
Zac Nagle, 713-753-5082
Vice President,
Investor Relations and Communications
Investors@kbr.com
or
Marianne Gooch
Director, Corporate Communications
Media Relations Hotline: 713-753-3800
Mediarelations@kbr.com
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