KBR has been awarded a technical services agreement by Magnolia LNG to provide cost-verification and other services associated with the delivery of the Magnolia LNG export terminal project located in the Port of Lake Charles, Louisiana.
Under the terms of the contract, KBR will complete a FEED gap assessment, work plan and support completion of the remaining FEED activities. This agreement includes the development of a project EPC contract execution plan, schedule, contract and pricing as well as an EPC bridging plan for the construction of the export facility.
Additionally, KBR signed a Memorandum of Understanding with Magnolia LNG and Korea’s SK E&C USA under which KBR and SKEC agree to form a joint venture to execute engineering, procurement and construction of the initial two LNG production trains with provision for two additional trains. Upon completion, the four-train Magnolia LNG facility will have the capacity to export eight million tons of LNG per year.