KBR to Provide License, FEED and EPC Proposal for Ohio Valley Resources LLC
HOUSTON--(BUSINESS WIRE)-- KBR (NYSE: KBR) announced today it was awarded a license and engineering contract by Ohio Valley Resources LLC to execute a front-end engineering design (FEED) package to develop an EPC proposal for a fertilizer complex. The complex is proposed for Spencer County, Indiana. Other potential sites are also being evaluated.
This project will include design of the main ammonia process units by KBR. The ammonia design will feature KBRs proprietary PurifierTM ammonia process technology which has demonstrated higher reliability than conventional designs and offers the lowest proven energy consumption in the industry. The ammonia plant in the fertilizer complex is based upon an existing reference design operating in Burrup Australia since 2006. KBR will also design the plant utilities and other supporting units for the facility. Weatherly, Inc. will supply the design of its proprietary UAN plant on a subcontract to KBR.
The development of the FEED and lump sum EPC proposal began in July 2012 and is scheduled to be completed in early 2013.
This award affirms our position as a recognized leader in ammonia plant technology and EPC services, said Roy Oelking, group president, Hydrocarbons. This new agreement with OVR leverages our technology expertise, global engineering and procurement resources and US construction capabilities to provide fully integrated Technology, FEED and EPC solutions to our customers.
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.
Zac Nagle, 713-753-3625
Vice President, Investor Relations and Communications
Marianne Gooch, 713-753-3800
Director, Corporate Communications
Source: KBRCopyright Business Wire 2012