Houston, Texas — January 5, 2012 — KBR (NYSE: KBR) today announced that it was awarded a contract by Matix Fertilizers and Chemicals, Ltd., to perform a dynamic simulation study for the complete steam system at its grassroots Panagarh Fertilizer Complex in West Bengal, India. KBR will also deliver an Operator Training Simulator (OTS) for the Ammonia Plant system to validate the plant’s controls and safety logic design and provide initial and on-going training to operators.

For the dynamic simulation study, KBR will develop a detailed model of the Panagarh Fertilizer Complex Steam system, perform agreed cases and scenarios, and provide a final study report inclusive of all results and recommendations. This simulation will enable Matix to validate the design of critical plant systems such as auxillary boilers, letdown valves, and controls, and validate operating procedures such as start ups, turn downs, and the handling of process upsets. KBR will also deliver an OTS system for one of the largest capacity ammonia units at Matix to ensure a safe, fast, efficient start up. The OTS system will ensure best energy consumption in the ammonia process unit and supports continued profitable and sustained ammonia plant operations.

“Matix expects to provide complete training to its Ammonia operation team through OTS and appreciates efforts being made by KBR,” said PR Dhariwal, MD, Matix Group.

Yokogawa Electric Corporation announces that its subsidiary Yokogawa Engineering Asia Pte. Ltd. has been awarded a contract by CJV, a joint venture comprised of Chiyoda Corporation as JV leader, CB&I, and Saipem S.p.A., to perform the front end engineering design (FEED) for an integrated control and safety system that is to be provided to Arrow Energy for the Arrow LNG Project. For this project, Yokogawa Engineering Asia has been selected as the main automation contractor (MAC※1) by Arrow Energy.

Arrow Energy, a 50/50 joint venture between Shell and CNPC (PetroChina), is planning the development of a liquefied natural gas (LNG) facility on Curtis Island, which is directly off the coast from the city of Gladstone in South East Queensland, Australia. The project includes the construction of a liquefaction facility, jetties, and offloading facilities. The LNG plant will receive coal bed methane (CBM) from the Surat and Bowen Basins and will process, treat, and liquefy the gas for export. In phase 1 of this project, two 4 million ton per year LNG trains will be constructed. A decision will be made at some later date whether to proceed with the planned construction of two additional trains of equivalent size.

The FEED work commenced in November 2011. Following completion of this preliminary phase and a decision to go ahead with the project, Yokogawa will proceed to supply its CENTUM VP integrated production control system and the ProSafe-RS safety instrumented system as the MAC. In this role, it will work directly with the project's engineering, procurement, and construction (EPC) contractors.

Technip has been awarded by Uzbekistan GTL LLC(1) an extension of the existing reimbursable services contract, for the front-end engineering design of a gas-to-liquids(2) (GTL) plant, located 40 kilometers south of Qarshi in Uzbekistan.

This plant will be based on Sasol’s world leading GTL technology and will have a capacity of 1.4 million metric tons per year, a similar capacity of the Oryx GTL facility in Qatar implemented by Technip, with following product slate: GTL diesel, kerosene, naphtha and liquid petroleum gas.

This award follows the successful execution by Technip of the first phase contract related to the detailed feasibility study. The front-end engineering activities will be executed by Technip’s operating center in Rome, Italy, with the support of the Group’s center in Kuala Lumpur, Malaysia.

Tokyo, December 14, 2011 - Mitsubishi Electric Corporation (TOKYO: 6503) announced it will strengthen its factory automation (FA) solution businesses, including related production and sales capacities, with the intention of expanding market share, especially in China, India, ASEAN nations, Brazil and other emerging markets. The goal is to raise annual sales of the FA systems business from 480 billion yen at present to 600 billion yen by the fiscal year ending in March 2016, and also increase the ratio of overseas FA systems sales from 45 percent to 50 percent over the same period.

In addition to its current worldwide partnerships, Mitsubishi Electric will strengthen cooperation with software, ERP systems and CC-Link industrial network partners to enhance its iQ Platform business. These partnerships enable Mitsubishi Electric to expand technological advantages and business opportunities, in particular for energy-saving solutions in China and infrastructure solutions in ASEAN nations.