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COP ConocoPhillips

122.0399
-0.2101 (-0.17%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ConocoPhillips NYSE:COP NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.2101 -0.17% 122.0399 122.68 120.875 122.51 5,210,658 01:00:00

KBR and ConocoPhillips to Collaborate on Mid-Scale LNG Technology

17/09/2018 11:05pm

Dow Jones News


ConocoPhillips (NYSE:COP)
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   By Josh Beckerman 
 

KBR Inc. (KBR) and ConocoPhillips (COP) will collaborate on developing a standardized processing unit for mid-scale liquefied natural gas production.

The unit, known as a train, "will provide mid-scale LNG capacity for both greenfield and brownfield expansions seeking an off-the-shelf solution to reduce costs and shorten schedules for LNG facility installations," KBR said.

The integrated design approach is expected to be available for new LNG projects starting in 2019, KBR said.

KBR and ConocoPhillips will continue to cooperate on large-scale LNG trains.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

September 17, 2018 17:50 ET (21:50 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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