KBR Daewoo Consortium Wins FLNG FEED Contract/Competes for EPCIC | Reuters

HOUSTON - October 16, 2014 - KBR, Inc. (NYSE: KBR) announced today that the KD Consortium, consisting of KBR and Daewoo Shipbuilding & Marine Engineering Company, Ltd (KSE: DSME), has been awarded a front end engineering design (FEED) contract by Eni East Africa SpA for a floating liquefied natural gas (FLNG) facility for the Coral South Development Project located in Mozambique.

With the award, the KD consortium will be one of three consortia competing for the engineering, procurement, construction, installation and commissioning (EPCIC) contract to build the new floating