KBJ Selected by Jordan Cove LNG to Provide Engineering, Procurement and Construction (EPC) Services

COOS BAY, Ore.–(BUSINESS WIRE)–KBJ, a joint venture partnership comprised of Kiewit Energy Group Inc.,
Black & Veatch Construction, Inc., and JGC US Projects, LLC has been
selected by Jordan Cove LNG to engineer and construct an LNG export
terminal in Coos Bay, Ore.

The project will utilize proven PRICO® technology from Black & Veatch,
which is well-suited for the size and location of the project. JGC, a
leader in LNG project execution and modularization, will work closely
with Black & Veatch to perform the engineering, procurement and module
fabrication for the project. Kiewit, a direct hire union construction
contractor with significant experience throughout North America, will
manage the construction of the facility.

“The selection of the EPC contractor is a major milestone in the
development of Jordan Cove and is the culmination of two years of
extensive engineering work,” said Don Althoff, CEO of Veresen Inc., the
developer and owner of the project. “Kiewit and Black & Veatch have been
valued service providers to the project since its inception and we are
pleased to involve JGC, a world class engineering firm with significant
LNG experience.”

The proposed Jordan Cove LNG terminal is located on an undeveloped, 400
acre industrial site on the North Spit of lower Coos Bay. It represents
the first and most advanced LNG export terminal project on the west
coast of North America.

“The Jordan Cove LNG project reflects extensive, detailed engineering
design, planning, innovation and community collaboration,” said Tom
Shelby, executive representative for KBJ. “We commend the Jordan Cove
team on their steadfast commitment to this project and are honored to
serve as the EPC contractor.”

The Jordan Cove project would be the largest single, private investment
in the history of southern Oregon, benefitting the region and its
residents through hundreds of millions of dollars in payments and tax
revenue. The complete construction of the project is anticipated to span
53 months and will require nearly 2,000 construction workers at peak.

The Jordan Cove LNG terminal is expected to produce a maximum of 7.8
million tons per annum for export. It also includes approximately
320,000 cubic meters of storage capacity and deep-water marine
facilities.

For further information about the Jordan Cove LNG project, please visit www.jordancovelng.com.

Contacts

Kiewit
Angela Nemeth, 402-926-8951
Angela.nemeth@kiewit.com