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