KBR (NYSE: KBR) has announced that it has been awarded an engineering and procurement services contract for the onshore portion of the Beachfield Manatee upgrade, part of the expansive Manatee gas field project. This project, spearheaded by Shell Trinidad and Tobago Ltd., is a pivotal development for the country’s natural gas production and energy security […]
KBR, Inc. (NYSE: KBR) has been awarded a significant advisory consulting contract by Kuwait Oil Company for the development of a nationwide masterplan aimed at achieving 17 gigawatts (GW) of renewable energy and 25 GW of green hydrogen production by 2050. This groundbreaking project marks a pivotal step in Kuwait’s strategy to transition to a […]
KBR (NYSE: KBR) has been awarded an estimated $771 million in cost-plus-fixed-fee contract options to continue providing mission-critical support to the U.S. Army Northern Command (NORTHCOM) and European Command (EUCOM) through March 2025. This extension under the Logistics Civil Augmentation Program (LOGCAP) V contract emphasizes KBR’s continued commitment to supporting U.S. military operations across Europe […]
In a major announcement that highlights the intersection of defense contracting and human performance optimization, KBR revealed its latest subcontract win with Bering Straits Information Technologies (BSIT), a subsidiary of Bering Straits Native Corporation (BSNC). This strategic partnership aims to provide comprehensive human performance optimization services across various military bases globally, in support of the […]
KBR (NYSE: KBR) has announced securing a project management contract from Sonangol for the design and construction of a new 200,000 barrels per day (bpd) refinery in Lobito, Angola. This project marks a cornerstone in Angola’s stride towards achieving energy independence and positions the Lobito Refinery as one of the most ambitious energy infrastructure endeavors […]
KBR said that SOCAR-KBR, the company’s joint venture (JV) with SOCAR, has won a contract pertaining to the Shah Deniz compression project, offshore Azerbaijan. The optimization stage engineering services contract was won by the joint venture from BP Exploration (Shah Deniz). Located in the Caspian Sea, the Shah Deniz compression project is in the early […]
KBR has bagged a contract from Hanwha Solutions for its PLINKE nitric acid concentration and spent acid recycling technologies for its new production facilities in Yeosu in South Korea. As per the contract terms, KBR will be responsible for providing a license, basic and detailed engineering design, technical services, as well as proprietary equipment to […]
KBR said that JKC Australia LNG, a joint venture in which it has a 30% stake, has entered into an agreement that settles outstanding claims and disputes with its client Ichthys LNG. With the binding settlement agreement in place, the firms will withdraw all claims and end all ongoing arbitrations and court proceedings between them. […]
Babcock International Group, an aerospace, defense, and security company, has agreed to sell its fully-owned subsidiary Frazer-Nash Consultancy to KBR for £293 million. Based in the UK, Frazer-Nash Consultancy provides engineering and technology solutions across a variety of critical national infrastructure. Acquired by Babcock International in 2007, the systems, engineering, and technology consultancy employs nearly […]