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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 |
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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