KBR Inc a Delaware corporation, was formed on March 21, 2006. The Company, along with its subsidiaries, is a provider of engineering, procurement, construction, construction management, technology licensing, operations and maintenance and other support services to a diverse customer base, including international and national oil and gas companies, independent refiners, petrochemical producers, fertilizer producers, regulated utilities, manufacturers, power and mining companies and domestic and foreign governments. It offers portfolio of services through its Gas Monetization, Hydrocarbons, Infrastructure, Government and Power, Services and Other business segments. Its Gas Monetization business segment designs and constructs liquefied natural gas and gas-to-liquids facilities that allow for the economic development and transportation of resources across the globe. Its Hydrocarbons business segment provides services ranging from pre-feasibility studies to front-end engineering design through construction and commissioning of process facilities in remote locations and developed areas around the world. Its IGP business segment designs and executes projects for industrial, commercial and defense and governmental agencies. These projects range from basic deliverables to complex infrastructure initiatives including aviation, road, rail, maritime, water, wastewater, building and pipeline projects. Its Services business segment delivers direct-hire construction and construction management for standalone construction projects in a variety of markets as well as construction execution support on all U.S. engineering, procurement and construction projects. Its competitors include: Bechtel Corporation, CH2M Hill Companies Ltd., Fluor Corporation, Jacobs Engineering Group, Inc., AMEC plc, Chicago Bridge and Iron Co., N.V., Chiyoda Corporation, Foster Wheeler A.G., Hyundai Engineering and Construction Company. The Company developed or otherwise has the right to license technologies including technologies held under license from third parties, used for the production of petrochemicals and chemicals and in the areas of olefins, refining, fertilizers, coal gasification and semi-submersible technology. The Company is subject to numerous environmental, legal and regulatory requirements related to operations around the world.