BG Group has signed a six-year global alliance with KBR to provide technical support, services (in both the pre-FEED and FEED stages), and project management expertise across BG Group’s global upstream portfolio.
Under the agreement, which has options to extend up to 10 years, KBR will provide a flexible resource that can be scaled to match the specific requirements of each project, says BG.
"In a lower oil price environment this is an important aspect of the alliance which enables BG Group to help minimise its fixed costs whilst retaining access to high value technical expertise and support," says BG.
BG Group operates in more than 20 countries and is pursuing material opportunities and projects in Brazil, Australia, Tanzania and USA.
Sami Iskander, BG Group, Chief Operating Officer. said: “Our upstream alliance with KBR... represents a significant evolution in the way we work with contractors. We will be taking a more integrated and collaborative approach in which we can fully capitalise on the high calibre of people and the knowledge that our partner KBR can bring to our business.
“The alliance will provide us with access to dedicated and proven third-party expertise and resources that can be tailored to specific projects. Importantly, it will focus on enhancing BG Group’s productivity and agility as we develop projects that will deliver the next phase of the company’s growth.”
Stuart Bradie, KBR President and Chief Executive Officer said: "We are excited about this opportunity to continue our relationship with BG Group while continuing to demonstrate our track record of safety, quality personnel and experience in the upstream market sector."
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