HOUSTON, US: KBR Inc (KBR) has inked a joint venture agreement with BIV Builders for an independent, long-term JV based in Kuala Lumpur, Malaysia. The joint venture (JV) will be known as KBIV.
KBR's global experience, differentiated professional services and project delivery, joined with BIV's cost competitive and experienced resources, confirms that the JV will deliver innovative and competitive engineering, project delivery and asset program management solutions.
By using the services of KBR's subsidiary Granherne, the KBIV joint venture can service the full range of the hydrocarbons life-cycle in both the Malaysian domestic market as well as highly selective regional opportunities, from field development planning, through engineering, to project delivery and asset services.
"The establishment of KBIV is our delivery vehicle to achieve this "think local, work global" outlook and we are excited to be re-establishing operations in Malaysia. The KBIV joint venture demonstrates KBR's commitment to the region and our recognition of the importance of being close to our customers and partners,” said Greg Conlon, president KBR – APAC.
© Worldofchemicals News
Read More: KBR, BIV Builders JV for professional services
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