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.
Indonesia, home to 260 MM people on 14,000 islands across a vast archipelago, is estimated to become the seventh-largest economy in the world by 2030, with such growth expected to boost the nation’s energy consumption by 80% from present levels.<sup>1</sup>
At October’s HPI Forecast Breakfast for our sister publication, <i>Hydrocarbon Processing</i>, I shared <i>Gas Processing</i>’s forecast on change in the LNG industry.
In one of the toughest markets in the history of gas compression, we are challenged to deliver more with less.
The New LNG Imperative
The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.
November 29, 2017 10am CST
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