KBR awarded FEED for Oman LNG
HOUSTON – KBR, Inc. announced that it has been awarded a Front-End Engineering Design (FEED) and project management services contract for Oman Liquefied Natural Gas LLC in Qalhat, Oman. Oman LNG operates three liquefaction trains with a total nameplate capacity of 10.4 MMtpy.
|Photo Courtesy of Oman LNG.
"This contract confirms KBR's strong reputation as one of the world's preeminent leaders in LNG facilities and demonstrates the trust that Oman LNG has placed in KBR following the successful development of the original Front-End Engineering Design (FEED) of this world-class LNG facility," said Jay Ibrahim, KBR President: Europe, Middle East & Africa. "We are committed to expanding our footprint in the Middle East and are delighted at this opportunity to reestablish KBR in Oman and contribute to Oman's In-Country Value (ICV) initiatives."
Revenue associated with this contract was undisclosed and will be booked into backlog of unfilled orders for KBR's Engineering & Construction business segment in the second quarter of 2017.
At CERAWeek by IHS Markit, held in Houston in March, IEA Director Fatih Birol said that the world would soon see a major second wave of shale gas production from the US in response to higher energy prices and growing demand from India and China.
Mozambique and Tanzania hold an estimated 180 Tft3 and 57 Tft3 of proven natural gas reserves, respectively.
Maximize Profitability with Advanced Analytics at Natural Gas Processing Plants
Incorporating economic data into process modeling is key to optimizing operations and maximizing profits at gas processing plants. However, maintaining optimal operations are often challenging due to changing market dynamics, contract structures and increasing process flexibility. Today, gas processors are leveraging Predictive Control and First Principles models to accurately determine and control the optimal operating targets in real time based on the most current plant conditions and profitability, optimizing recovery of natural gas liquids. Learn how real-time analytics, combined with decision support tools, empower companies to:
•Improve processing margins by up to 5%
•Maximize NGL production through improved availability and optimized process conditions
•Improve compositional control to operate closer to product specifications
May 22, 2018 10am CDT