KBR (NYSE: KBR) today announced it was awarded a contract to provide construction services for a new 150 million standard cubic feet per day (MMSCFD) gas processing plant. KBR will provide pre-construction services and installation for the processing plant expansion at its existing 200 MMSCFD gas processing plant. The expansion will increase the cryogenic gas processing plant’s capacity by 150 MMSCFD, bringing the total processing capacity to 350 MMSCFD in the Woodford Shale. “I am pleased that KBR has been selected to provide construction services for the execution of this plant expansion,” said David Zimmerman, Group President, KBR Services. “The shale gas expansion in the U.S. continues to provide KBR with opportunities to deliver projects such as this which meet our client’s highest standards of schedule, safety, and quality.” KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets. For more information, visit www.kbr.com.
The better-than-expected job gains and lower unemployment rate helps Democrat Hillary Clinton, while confident, safely employed consumers may let the Federal Reserve boost interest rates sooner than markets anticipated.