KBR awarded Construction contract in Alberta

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KBR awarded Construction contract in Alberta

KBR, Inc. (NYSE: KBR) announced today that it has received an award associated with the Fort Hills Oil Sands Mining Project. KBR won a reimbursable contract to provide construction services at the facility located 90 kilometers north of Fort McMurray, Alberta.

KBR’s scope includes onsite construction management and direct hire field construction services at the Fort Hills Secondary Extraction facility. This scope, which was awarded by SK E&C subsidiary Sunlake, follows KBR’s contract to perform a detailed constructability study for the project.

“We look forward to working closely with SK E&C in support of the critical Fort Hills Project,” said Stuart Bradie, KBR President and CEO. “This is an important win with a key client and is indicative of KBR’s strategic commitment to maintaining a significant direct hire offering in Canada.”

The contract value was not disclosed. Expected revenue from the contract will be included in KBR’s second quarter 2015 backlog of unfilled orders for the Engineering and Construction segment. Work on the projects has commenced and will be executed over the next 18 months, with completion expected in the first quarter of 2017.

Source and Link: EPC Engineer

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.