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ADAPTING TECHNOLOGY AND EXECUTION TO MARKET CONDITIONS

IP.com Disclosure Number: IPCOM000217744D
Publication Date: 2012-May-10
Document File: 2 page(s) / 57K

Publishing Venue

The IP.com Prior Art Database

This text was extracted from a PDF file.
This is the abbreviated version, containing approximately 57% of the total text.

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ADAPTING TECHNOLOGY AND EXECUTION TO MARKET CONDITIONS

David Coyle, Senior Technology Manager - LNG and Gas Processing * Charles Dun', Director, Energy Technology
Don
Hill, Director-LNG, GTL and Gas Processing Technology

KBR (Kellogg Brown & Root)

601 Jefferson Street

Houston, TX 77002

David.Coyle@Halliburton.com

ABSTRACT

Historically, companies started LNG projects by developing a technical concept, and then the concept was followed by engineering, procurement and construction. In this step-wise approach the technology was developed pdor to the execution plans, and the plant fit the specific site like a glove fits a hand. This approach works well if the time is available for the execution specifics to be worked out after completing the plant design. However current market conditions are ddving technology development in a different direction.

"Market conditions" refer to several factors including high domestic natural gas pdces, and the resulting demand for imports on an urgent basis. Also, the market for large equipment that often sets the project cdtical path is running at full capacity.

Under certain conditions the contractor can change the project execution, starting with the technical concept, to fit the demands of this situation. The conditions needed include:

¯ an owner willing to use contractor specifications
a contractor with a reference design for a similar site and similar capacity

¯ a contracting strategy based on eady ordering of critical equipment

...