KBR to carryout pre-NTP services for Woodfibre LNG project
SQUAMISH, British Columbia and HOUSTON — Woodfibre LNG Limited and KBR, Inc. announced that KBR, Inc. has been selected to carryout Pre-Notice to Proceed (Pre-NTP) services for the Woodfibre LNG Project. The Woodfibre LNG Project is located in the District of Squamish near Vancouver, British Columbia, Canada and is licensed to export approximately 2.1 MMtpy of LNG for 40 yr.
The selection of KBR for Pre-NTP services follows the successful completion of a competitive front end engineering design (FEED) process for the Woodfibre LNG Project, which was announced in October of 2016. Pre-NTP services will be carried out by KBR's operating centers in Houston (USA) and Edmonton (CA). The services include additional FEED work and cost optimization as well as a proposal for an engineering, procurement and construction (EPC) contract. Woodfibre LNG expects to commence the EPC phase of the Project in 2018.
For more than 40 yr, KBR has designed or constructed over 30 different liquefaction projects across the globe, gaining industry-leading capability in the design, construction, commissioning, and start-up of these facilities.
Revenue associated with this project will be booked into the backlog of unfilled orders for KBR's E&C business segment in 4Q 2017.
The US Energy Information Administration (EIA) reported in April that the US set records for natural gas production in 2017.
- Energy Web Atlas
Since market reforms first started in 1978, China has shifted from a centrally planned economy to a market-based economy, experiencing rapid economic and social development.
Russia aims to ally with Qatar in LNG competition with Australia and other LNG-exporting majors over the coming years.
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