KBR, Inc. (NYSE: KBR) announced today that it has selected Baker Hughes, a GE company (NYSE: BHGE), as part of the ongoing development of KBR's standardized mid-scale Liquefied Natural Gas (LNG) design.
The design utilizes ConocoPhillips’ (NYSE: COP) Optimized Cascade technology as part of a broader partnership previously announced by KBR and COP.
The mid-scale LNG facilities designed under the agreement between KBR and BHGE will standardize around BHGE’s proven gas turbine driver technologies, featuring BHGE’s LM2500+G5 and LM6000PF gas turbines. Installed in KBR LNG facilities, these gas turbine technologies will provide ideal power ratings, speed and power flexibility, long maintenance intervals, and industry leading efficiencies.
Further enhancing client value, KBR and BHGE will leverage their unique experiences and service portfolios to provide standardized, low CAPEX LNG solutions for grassroots and existing LNG assets.
“BHGE and KBR have a well-established 40-year history and partnership successfully delivering LNG projects,” said Farhan Mujib, KBR President, Hydrocarbons – Delivery Solutions. “This allows us to further enhance our cost effective standardized approach to LNG design, minimizing CAPEX and OPEX for our clients.”
“We are delighted that KBR has selected our highly efficient and reliable gas turbine technology as part of the development of its standardized mid-scale LNG design,” said Rod Christie, President & CEO Turbomachinery Process & Solutions – BHGE. “We welcome the opportunity to strategically work together with key partners like KBR, looking at our collective solutions across the value chain to develop a more competitive solution for customers.”
For more than 40 years, KBR has been a recognized pioneer in the LNG industry, designing and constructing one-third of the world’s LNG production.
Source: Company Press Release