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.
According to GIIGNL’s 2018 Annual Report, global LNG trade expanded by 3.5 Bft3d in 2018, to 38.2 Bft3d—a record 10% increase.
Power, LNG projects drive pipeline construction in Africa
Increasing public investment in gas-fired power plants in Africa, the continuing recovery in global oil prices and persistent insecurity in key producer markets, such as Nigeria, are likely to impact gas transmission pipeline projects on the continent, even as more international companies express interest in the region’s stranded gas resources.
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