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Stock Market & Financial Investment News

News Breaks
May 28, 2014
08:57 EDTKBRKBR wins Maersk Oil FEED contract for Culzean Field development topsides
KBR has announced that it has been awarded a contract by Maersk Oil for topsides front end engineering and design, or FEED, for the Culzean Project. Maersk Oil UK and its co-venturers JX Nippon Exploration and Production Limited and Britoil have chosen a new standalone facility to develop the Culzean discovery. Expected revenue from the contract will be included in Q2 backlog of unfilled orders for the Hydrocarbons segment. The contract value was not disclosed.
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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