BG Group signs global alliance with KBR
Published by Joseph Green,
Editor
Oilfield Technology,
BG Group has signed a global alliance with KBR enhancing the company’s capacity to deliver commercially attractive oil and gas projects around the world.
The single-partner alliance, which has been signed for six years initially with options to extend to up to 10 years, will involve KBR’s experienced engineers and specialists providing technical support, services (in both the pre-FEED and FEED stages), and project management expertise across BG Group’s global upstream portfolio.
Under the agreement, KBR will provide a flexible resource that can be scaled to match the specific requirements of each project. In a lower oil price environment this is an important aspect of the alliance which enables BG Group to help minimise its fixed costs whilst retaining access to high value technical expertise and support.
BG Group operates in more than 20 countries and is pursuing material opportunities and projects in Brazil, Australia, Tanzania and USA.
Sami Iskander, BG Group, Chief Operating Officer commented:
“We are pleased to announce our upstream alliance with KBR, which represents a significant evolution in the way we work with contractors. We will be taking a more integrated and collaborative approach in which we can fully capitalise on the high calibre of people and the knowledge that our partner KBR can bring to our business.
“The alliance will provide us with access to dedicated and proven third-party expertise and resources that can be tailored to specific projects. Importantly, it will focus on enhancing BG Group’s productivity and agility as we develop projects that will deliver the next phase of the company’s growth.”
Stuart Bradie, KBR President and Chief Executive Officer commented "We are excited about this opportunity to continue our relationship with BG Group while continuing to demonstrate our track record of safety, quality personnel and experience in the upstream market sector”.
Adapted from press release by Joe Green
Read the article online at: https://www.oilfieldtechnology.com/exploration/28012015/bg-group-global-alliance-kbr-292/
You might also like
Weatherford awarded Managed Pressure Drilling contract for Woodside Energy’s Trion deepwater development
The multi-year contract includes MPD services for an initial 8 wells with the potential to expand to 24 wells. The award reinforces Weatherford’s market leadership in high-performance MPD and expands its presence in Mexico’s offshore energy sector.
