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Stock Market & Financial Investment News

News Breaks
February 4, 2014
08:11 EDTKBRKBR awarded design contract for large heavy lift semisubmersible crane vessel
KBR announced it has been awarded a contract for the basic design development for Heerema Offshore Services' large new semisubmersible crane vessel, or NSCV, through its subsidiary GVA. A member of KBR's Hydrocarbons Business Group, GVA completed seven months of feasibility and conceptual studies on the NSCV in 2013. The basic design phase of the new vessel will cover the major part of 2014. Expected revenue from the contract will be included in the 2013 Q4 backlog of unfilled orders for the Hydrocarbons segment.
News For KBR From The Last 14 Days
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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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