KBR Awarded Major Engineering Design Contract by Hyundai Heavy Industries Co., Limited for the BP Quad 204 Project
August 25 2011 - 3:05PM
Business Wire
KBR (NYSE:KBR) today announced that it has received a letter of
award from Hyundai Heavy Industries Co. Limited to perform
engineering design and procurement support services for the BP Quad
204 Floating Production Storage and Offload (FPSO) Project to be
located west of Shetland Isles in UK waters.
The Quad 204 FPSO will be designed to meet the strict safety and
environmental regulations for harsh weather operations. KBR has
been involved in the Quad 204 Project since 2008, when work started
on the select and define engineering of the FPSO. Services for the
Quad 204 Project will be provided through KBR’s offices in
Singapore and Jakarta, Indonesia. This award follows the recent
announcement by BP and its co-venturers, to progress with a major
re-development of the Schiehallion and Loyal oil fields.
“This award follows on from the successful performances by KBR
on BP offshore projects in the North Sea, Caspian Sea and West
Africa thus solidifying KBR’s position as a leading contractor,”
said Dennis Calton, President, KBR Oil & Gas. “We are proud of
the long-standing relationship KBR has developed with BP and our
growing relationship with Hyundai Heavy Industries.”
KBR is a global engineering, construction and services company
supporting the energy, hydrocarbon, government services, minerals,
civil infrastructure, power, industrial, and commercial markets.
For more information, visit www.kbr.com.
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