Woodfibre LNG Limited and KBR, Inc. announced that KBR, Inc. has been selected to carryout Pre-Notice to Proceed (Pre-NTP) services for the Woodfibre liquefied natural gas (LNG) Project. The Woodfibre LNG Project is located in the District of Squamish near Vancouver, British Columbia, Canada and is licensed to export approximately 2.1 mtpa of LNG for 40 years.

The selection of KBR for Pre-NTP services follows the successful completion of a competitive Front End Engineering Design (FEED) process for the Woodfibre LNG Project, which was announced in October of 2016. Pre-NTP services will be carried out by KBR's operating centers in Houston (USA) and Edmonton (CA). The services include additional FEED work and cost optimization as well as a proposal for an engineering, procurement and construction (EPC) contract. Woodfibre LNG expects to commence the EPC phase of the Project in 2018.

"The successful completion of FEED and now the selection of KBR to carryout Pre-NTP services are all important steps in moving the Woodfibre LNG Project forward," said Byng Giraud, Country Manager and Vice President of Corporate Affairs for Woodfibre LNG Limited, the privately held Canadian company behind the Woodfibre LNG Project. "We look forward to reaching our next project development milestone – the awarding of an EPC contract in 2018."

"We are pleased to continue our relationship with Woodfibre LNG as they progress towards becoming one of the first LNG exporters in Canada," said Farhan Mujib, President of KBR's Engineering & Construction (E&C) Americas business. "The award of this work continues to reinforce KBR's position in British Columbia as well as our strategic commitment to developing fit-for-purpose LNG facilities for our customers."

For more than 40 years, KBR has designed or constructed over 30 different liquefaction projects across the globe, gaining industry-leading capability in the design, construction, commissioning, and start-up of these facilities.

Revenue associated with this project will be booked into backlog of unfilled orders for KBR's E&C business segment in Q4 2017.

About KBR, Inc.

KBR (NYSE: KBR) is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Government Services and Hydrocarbons sectors. KBR employs over 34,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:

- Government Services, serving government customers globally, including capabilities that cover the full life-cycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
- Technology & Consulting, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining; gasification; oil and gas consulting; integrity management; naval architecture and proprietary hulls; and downstream consulting
- Engineering & Construction, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU) and program management.

About Woodfibre LNG

The Woodfibre LNG Project is owned and operated by Woodfibre LNG Limited, a privately held Canadian company based in Vancouver, British Columbia. Woodfibre LNG Limited is the owner of the former Woodfibre pulp mill site, which is located about seven kilometres southwest of downtown Squamish, BC, with a Community Office in Squamish.

Woodfibre LNG Limited strives to achieve business objectives through a quintuple bottom line approach, where results are mutually beneficial to the community, country, climate, customer and company.

We are a subsidiary of Pacific Oil & Gas Limited, which is part of the Singapore-based RGE group of companies. RGE, also known as Royal Golden Eagle, manages a group of resource-based manufacturing companies with global operations. The RGE group of companies' work ranges from the upstream, comprising sustainable resource development and harvesting, to downstream, where the companies create diverse value-added products for the global market. Assets held by the RGE group of companies exceed US$18 billion with a combined workforce of more than 60,000 people worldwide.