KBR Secures Critical Engineering Contract for LNG Project
KBR's New Engineering Milestone in LNG Development
HOUSTON — KBR announced today that it has secured a major contract from INPEX Masela Ltd. for front-end engineering design (FEED) work on the Abadi LNG project in Indonesia.
Understanding the Abadi LNG Project
The Abadi LNG project is poised to make significant contributions to Indonesia’s energy sector, with a peak production capacity targeted at 9.5 million tons of LNG per year, along with 150 million standard cubic feet of pipeline gas daily. This project has been recognized as a national strategic initiative by the Indonesian government.
KBR’s Role and Collaboration
In collaboration with Samsung E&A and PT Adhi Karya, KBR will provide extensive FEED services for the onshore LNG facilities, emphasizing the importance of teamwork and innovation in such complex projects.
KBR President's Commitment
Jay Ibrahim, President of KBR Sustainable Technology Solutions, expressed enthusiasm about the collaboration, stating, "We look forward to strengthening our partnership with INPEX to help Indonesia reach its energy security objectives sustainably. The production targets highlight the project's crucial nature and its potential for long-term value to all stakeholders."
INPEX's Assurance
Takayuki Ueda, CEO of INPEX, reiterated the company's commitment to the Abadi project, noting its complexity but expressing confidence in the execution due to their extensive experience and expertise in the field. This assurance underscores the collaborative effort required to successfully deliver on such an ambitious project.
KBR: A Global Leader in Engineering Solutions
KBR has established itself as a premier player in technology and engineering solutions within the LNG sector. With a proven track record of innovation, KBR operates in 29 countries employing around 37,000 people to provide mission-critical solutions across various sectors.
Commitment to Clients
At KBR, the focus is on delivering valuable engineering services, alongside long-term operations and maintenance, ensuring clients benefit from predictable outcomes. Their customer-centric approach embodies the ethos of "We Deliver," reinforcing their global partnerships.
Contact Information
For more details about the project or KBR’s services, you can reach out to:
Investors
Jamie DuBray
Vice President, Investor Relations
713-753-5082
Investors@kbr.com
Media Relations
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
MediaRelations@kbr.com
Frequently Asked Questions
What is the Abadi LNG project?
The Abadi LNG project aims to produce 9.5 million tons of LNG annually and is crucial for Indonesia's energy strategy.
How is KBR involved in the Abadi project?
KBR is providing front-end engineering design services in partnership with INPEX and other local firms.
What significance does the project hold for Indonesia?
It is designated a national strategic project, highlighting its importance in achieving energy security for the nation.
How many people does KBR employ globally?
KBR employs approximately 37,000 people across 29 countries, emphasizing its global reach and expertise.
What services does KBR offer?
KBR delivers technology and engineering solutions across various sectors, focusing on innovation and customer satisfaction.
About The Author
Contact Henry Turner privately here. Or send an email with ATTN: Henry Turner as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.