Halliburton KBR and its joint venture partners have been awarded the engineering, procurement, and construction contract for a liquefied natural gas (LNG) project, in the port of Damietta, northern Egypt, by SEGAS, Union Fenosa’s special purpose operating company in Egypt. The project, estimated at approximately $1 billion, calls for the development of a single train LNG complex (with an option for a second train) with a capacity of approximately 5 million tons per annum for the first train. The plant is expected to be operational by the fourth quarter 2004. Joint venture partners are JGC Corporation of Japan and Tecnicas Reunidas SA (TR) of Spain. Halliburton KBR is the engineering construction segment of Halliburton. The work will be managed from Halliburton KBR’s affiliate company, M.W. Kellogg Limited, in Greenford, London, UK, and executed jointly from that office and the TR offices in Madrid, Spain, by an integrated team drawn from the resource strengths and experience of Halliburton KBR, JGC, TR and MWKL. In addition the JV will be using the services of Soluziona (Union Fenosa’s own services group), as well as employing the dedicated resources of Egyptian
engineers ENPPI and contractors Petrojet.
