KBR Subsidiary to Execute Pre-FEED Study for Bonaparte LNG Project

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HOUSTON – KBR (NYSE: KBR) announced today that its consulting subsidiary, Granherne, has been selected by GDF SUEZ Bonaparte Pty. Ltd. (GDF SUEZ) to execute the Upstream pre-Front End Engineering and Design (pre-FEED) study for the Bonaparte Liquefied Natural Gas (LNG) Project, a proposed floating liquefaction plant to be located in the Bonaparte Basin, Northern Territory, Australia. The project, being developed through a joint venture between GDF SUEZ and Santos Ltd., has a planned LNG capacity of two million tonnes per annum (mtpa).

Granherne will provide a single integrated service for the Upstream pre-FEED, comprising various disciplines such as subsea engineering, field development planning, process, safety engineering and flow assurance. The project will be managed by Granherne’s Asia-Pacific regional office in Perth.

“This is an exciting project for Granherne. Execution of the Bonaparte pre-FEED allows the company the opportunity to support a significant global player on a challenging floating LNG project,” said Richard D’Souza, Vice President, Granherne Global Operations. “This contract award also allows Granherne the opportunity to expand its portfolio to include the growth of our multi-discipline capabilities in the Asia-Pacific region.”

Granherne, a wholly owned subsidiary of KBR, is a leading front-end engineering consultancy for onshore, offshore and deepwater oil and gas developments with experience of over 3,000 projects in more than 20 countries. For more information visit www.granherne.com

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

Contact:
Gabriela Segura Manager, Media Relations
713-753-8694
Gabriela.Segura@kbr.com

Rob Kukla, Jr. Director, Investor Relations
713-753-5082
investors@kbr.com