Methanex awards EPC contract to KBR for world-scale methanol project

Methanex Corporation has awarded a reimbursable Engineering, Procurement and Construction Management (EPCM) contract to KBR for providing Front End Engineering Design (FEED) services for a 5000 MTPD world-scale methanol plant to be located adjacent to its Geismar, Louisiana facilities.

Under the terms of the contract, KBR will work closely with Methanex to provide FEED services for a third methanol operating plant at the site. The FEED work, which will be executed from KBR’s Houston operations centre, is expected to be completed over the next 12 months with final investment decision expected by mid-2019.

Pending the above to proceed with the potential third plant in Geismar, KBR will then have the opportunity to provide detailed EPCM services for the new facility.

“This significant award demonstrates KBR’s integrated engineering, procurement and construction management offerings, from the front end engineering, through project completion,” said Farhan Mujib, President, Hydrocarbons Services Americas. “The award of this project demonstrates KBR’s strength and capabilities in gas monetisation projects.”

For more than 40 years, KBR has designed, constructed and maintained hundreds of petrochemical plants across the globe.

Estimated revenue associated with this project will be booked into backlog of unfilled orders for KBR’s Hydrocarbons Services Business Segment in Q3 2018.