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Tangible Progress: FEED and Contracting Activities<br />
� Offshore Front-End-Engineering-Design (FEED):<br />
– Conducted in <strong>Shell</strong> offices, Aberdeen during<br />
March 2004 to February 2005<br />
� Onshore FEED:<br />
– Conducted by JGC, primarily in the London<br />
offices of MW Kellogg (joint venture of JGC &<br />
KBR), during March 2004 – May 2005<br />
– Close to 500,000 man-hours<br />
� Investment Decision<br />
– July 2006<br />
� EPC Contracting:<br />
– Multiple contractor strategy<br />
– Several bids awarded (Sep. 2006)