Halliburton

The Engineering and Construction Group was consolidated into a single business unit, Kellogg Brown & Root, at the end of 2000. Beginning in 2001, the reorganization will be complete, and the company’s financial statements will reflect this change.

Energy-related work accounts for the largest portion of the Group’s business. This segment principally serves a wide range of needs in the petroleum industry — designing and building refining and processing plants, surface facilities and pipelines. This work complements the business of our Energy Services Group, forming a unique, integrated end-to-end capability serving the petroleum industry — subsurface, surface, facilities, and processing. The non-energy business of the group uses the same skill set and the same deep corporate resources to meet the needs of governments and civil infrastructure customers.

With the inclusion of the engineering and construction business of Brown & Root Energy Services, KBR has added design, fabrication and installation of offshore production facilities and extensive oil and gas production background to its leadership position in hydrocarbon processing.

This combination will be particularly valuable to natural gas customers. KBR already has a strong position in LNG and onshore gas production. Now customers with offshore gas fields have the advantage of dealing with just one company to help them develop, process and transport their gas production, onshore or off.

KBR’s competitive advantages begin with the expertise of its people. The depth and breadth of their experience, and their ability to marshal that experience to meet customers’ needs today and in the future are unmatched in the industry. This pool of intellectual capital has proven its value by developing proprietary process technologies in key areas, and by creating innovations in the technology of project execution that help KBR design and build faster and better. Added to this intellectual capital is the financial strength and the ability to take on large lump-sum projects that are beyond the range of other competitors.


	Charlie Durr has spent over 30 years helping to make KBR the leading builder of LNG plants. From his current position as Technology Vice President for LNG, Gas Processing and Gas to Liquids, he oversees strategy, technology, and risk management. “We’re successful because our people can build complex projects in challenging locations. We know every part of the business — designing and building the plants, and dealing with the realities of schedule, vendors, and client expectations. We learn how to manage risks, and how to look for opportunities to innovate. Each project is an occasion to develop our people. That’s what I learned playing stickball in Brooklyn — building a team, winning and having fun are contagious.”