Floating liquefied natural gas (FLNG) projects could offer a cost-competitive alternative to offshore venting and flaring as operators increasingly take aim at their carbon footprints, industry experts said at the Offshore Technology Conference in Houston this week. Around 30% of offshore associated gas is flared globally, said Technip Energies SE’s Jean-Philippe Dimbour, director of business…
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Venture Global Selects KBR to Lead Construction on Phase One of Plaquemines LNG
Venture Global LNG Inc. has selected KBR Inc. to lead the first phase of construction for its Plaquemines liquefied natural gas (LNG) export project in a surprise announcement just months after KBR said it would exit the energy business. Venture Global said as the engineering, procurement and construction (EPC) contractor KBR would “integrate highly modularized,…

KBR Exit from Energy Business to Benefit Other EPCs in U.S. LNG Build-Out
KBR Inc. is exiting the energy business to expand its core government and technology businesses, leaving a handful of North American liquefied natural gas (LNG) projects to seek out new engineering, procurement and construction (EPC) contractors. In an investor presentation earlier this month, CEO Stuart Bradie said the decision to exit “the blue-collar construction and…