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Stock Market & Financial Investment News

News Breaks
November 12, 2012
16:15 EDTKBRKBR awarded FEED contract for an IGCC project near Jazan Economic City
KBR announced it was awarded a contract to execute front-end engineering and design, or FEED, for an Integrated Gasification Combined Cycle, or IGCC, project near Jazan Economic City, Saudi Arabia. Once complete, it will be the largest gasifier-based power facility built in the world. The IGCC complex will convert vacuum residue to electricity and utilities for a local refinery and export 2.4 Gigawatts of electricity to the Jazan Economic City and the surrounding region. This award follows KBR's recent completion of FEED for the Jazan Refinery and Terminal, a 400,000 bpd facility located near Jazan Economic City. KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets.
News For KBR From The Last 14 Days
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October 23, 2014
09:15 EDTKBRKBR awarded Statoil global MSA
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October 16, 2014
08:39 EDTKBRKBR Daewoo Consortium wins FLNG FEED contract
KBR announced that the KD Consortium, consisting of KBR and Daewoo Shipbuilding & Marine Engineering, has been awarded a front end engineering design, or FEED, contract by Eni East Africa SpA for a floating liquefied natural gas, or FLNG, facility for the Coral South Development Project located in Mozambique. With the award, the KD consortium will be one of three consortia competing for the engineering, procurement, construction, installation and commissioning contract to build the new floating LNG facility for Eni East Africa and its partners to develop the hydrocarbon discovery in the Rovuma Basin in Mozambique.

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