Contract Award: Provide Project Management and Engineering Services on Offshore Facilities in Saudi Arabia

Houston, Texas — KBR, Inc. announced today that it has been awarded a project management contract by Saudi Aramco to provide project management services for Saudi Aramco’s offshore program.

“This is a significant milestone in our relationship with Saudi Aramco in the offshore arena and complements our existing work in Kingdom on the Jazan PMC and GES+ contracts,” said Stuart Bradie, KBR President and CEO. “We look forward to helping Saudi Aramco achieve its goal to develop an in-kingdom center of offshore engineering excellence and to maintain their production of oil and gas.”

Under the terms of this six-year contract, KBR will provide project management and engineering services for existing and new offshore facilities to maintain and increase crude production levels to meet Saudi Aramco’s maximum sustained capability for production under the company’s capital program. KBR’s Saudi joint venture company, KBR-AMCDE, will undertake all in-kingdom work scopes while KBR’s Houston and London operations centers will execute all out-of-kingdom scopes. Additionally, KBR-AMCDE will develop an in-kingdom center of engineering excellence to develop and train Saudi engineers.

KBR has had a strong presence in the Middle East for decades, working on several major petrochemical projects in Saudi Arabia, including providing Saudi Aramco with front end engineering and design and project management services for the Jazan Refinery, the Yanbu Refinery and the Shaybah NGL program.

ABOUT KBR, Inc.

KBR, Inc. is a global technology, engineering, procurement and construction company serving the hydrocarbons and government services industries, employing about 27,000 people worldwide with customers in more than 70 countries and operations in 40 countries across three distinct global businesses.