KBR Awarded BED and FEED for Sonatrach/ Cepsa JV project in Algeria
HOUSTON – HOUSTON – (May 22, 2019) – KBR, Inc. (NYSE: KBR) announced today that it has been awarded a contract by Sonatrach and Cepsa to provide Basic Engineering Design (BED) and Front End Engineering Design (FEED) for the Rhoude el Krouf Field (RKF) redevelopment in Algeria.
The RKF field, located in the Algeria desert south-East of Hassi Messaoud, includes an oil and gas Central Processing Facilities (CPF) with gathering network and all associated structures. The redevelopment will add an additional oil and gas treatment train to the existing facilities. This project is part of Sonatrach’s and Cepsa’s objectives to support the increase of Algeria’s oil and gas capacity.
The project will be executed from KBR’s London and Chennai offices over an eight month period.
“KBR is proud of its more than 45 year history in Algeria,” said Jay Ibrahim, KBR President, Energy Solutions – Services. “This project will demonstrate KBR’s ability to utilize its global resources to provide the full capabilities of engineering and FEED services.”
About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Solutions and Energy sectors. KBR employs approximately 37,500 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:
- Government Solutions, serving government customers globally, including capabilities that cover the full lifecycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
- Technology Solutions, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining and gasification
- Energy Solutions, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU); program management and consulting services
KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Forward Looking Statement
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KBR’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 discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
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