HOUSTON, Jan. 13,
2025 /PRNewswire/ -- KBR (NYSE: KBR) announced today
it has been awarded a global agreement by BP International Limited
(bp) for engineering, procurement and construction management
(EPCM) services.
Under the terms of the contract, KBR will provide EPCM for
onshore, offshore, greenfield and brownfield conventional energy
projects and new energy sector projects worldwide for three years,
with an option to extend for two additional years. Additionally,
KBR provides bp with market-leading licensed technology solutions,
demonstrating the depth and versatility of its capabilities.
"We are delighted to continue our 70-year successful working
relationship with bp while maintaining our record of safely and
effectively delivering quality projects in conventional and new
energy sectors," said Jay Ibrahim,
President, KBR Sustainable Technology Solutions. "This global
agreement with bp will involve multiple project teams collaborating
from offices in Houston,
Baku, India, Abu
Dhabi, Oman, Singapore, Perth and London, leveraging KBR's proven ability to
deliver complex projects anywhere in the world."
KBR and bp currently have a global agreement in place for
engineering services, under which KBR has played a key role in
projects spanning the U.S., North Sea, Iraq, Africa
and Azerbaijan. This additional
global agreement expands the opportunity for EPCM services and
demonstrates our successful partnership and support to bp's
expanding portfolio.
About KBR
We deliver science, technology and engineering solutions to
governments and companies around the world. KBR employs
approximately 37,000 people worldwide with customers in more than
80 countries and operations in over 30 countries.
KBR is proud to work with its customers across the globe to
provide technology, value-added services, and long-term operations
and maintenance services to ensure consistent delivery with
predictable results. At KBR, We Deliver.
Visit www.kbr.com
Forward Looking Statements
The statements in this press release that are not historical
statements, including statements regarding contractual performance
periods, project outcomes and future demand for the company's
services, are forward-looking statements within the meaning of the
federal securities laws. These statements are subject to numerous
risks, uncertainties, and assumptions, many of which are beyond the
company's control, that could cause actual results to differ
materially from the results expressed or implied by the statements.
These risks, uncertainties and assumptions include, but are not
limited to, those set forth in the company's most recently filed
Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and
other U.S. Securities and Exchange Commission filings, which
discuss some of the important risks, uncertainties and assumptions
that the company has identified that may affect its business,
results of operations and financial condition. Due to such risks,
uncertainties, and assumptions, you are cautioned not to place
undue reliance on such forward-looking statements, which speak only
as of the date hereof. Except as required by law, the company
undertakes no obligation to revise or update publicly any
forward-looking statements for any reason.
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SOURCE KBR, Inc.