HOUSTON, Nov. 7, 2024
/PRNewswire/ -- KBR (NYSE: KBR) announced today that it has been
awarded a front-end engineering design (FEED) contract for the
expansion of the Qalhat LNG complex in Sur, Oman. This project represents a significant
step in Oman's efforts to meet
rising global energy demands, while prioritizing sustainable and
efficient operations.
Under the FEED contract, KBR will provide engineering services
for the complex's fourth LNG train, which will have a capacity of
3.8 million tons per annum. The project will involve the addition
or expansion of utilities, an LNG tank, the jetty, and associated
infrastructure.
"LNG will play an increasingly vital role in the global energy
mix, and we are honored to continue our collaboration with
Oman on this critical project,"
said Jay Ibrahim, KBR President,
Sustainable Technology Solutions. "By addressing the energy
trilemma of security, sustainability and affordability, this
project is expected to significantly contribute to Oman's energy security and sustainability
goals."
KBR is a leader in the LNG industry, having designed and
constructed numerous LNG production facilities around the globe.
With this expansion of Oman's
natural gas liquefaction capacity, KBR continues to play a pivotal
role in ensuring a reliable and sustainable energy supply to meet
the world's growing demands.
About KBR
We deliver science, technology and engineering solutions to
governments and companies around the world. KBR employs
approximately 37,000 people worldwide with customers in more than
80 countries and operations in over 30 countries.
KBR is proud to work with its customers across the globe to
provide technology, value-added services, and long-term operations
and maintenance services to ensure consistent delivery with
predictable results. At KBR, We Deliver.
Visit www.kbr.com
Forward Looking Statements
The statements in this press release that are not historical
statements, including statements regarding project performance and
future demand for our products and services, are forward-looking
statements within the meaning of the federal securities laws. These
statements are subject to numerous risks, uncertainties, and
assumptions, many of which are beyond the company's control, that
could cause actual results to differ materially from the results
expressed or implied by the statements. These risks, uncertainties
and assumptions include, but are not limited to, those set forth in
the company's most recently filed Annual Report on Form 10-K, any
subsequent Form 10-Qs and 8-Ks and other U.S. Securities and
Exchange Commission filings, which discuss some of the important
risks, uncertainties and assumptions that the company has
identified that may affect its business, results of operations and
financial condition. Due to such risks, uncertainties, and
assumptions, you are cautioned not to place undue reliance on such
forward-looking statements, which speak only as of the date hereof.
Except as required by law, the company undertakes no obligation to
revise or update publicly any forward-looking statements for any
reason.
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SOURCE KBR, Inc.