Press Release

HOUSTON – (August 28, 2019) – KBR (NYSE: KBR) announced today the successful startup of the JSC EuroChem Northwest Phosphorit 2,890 MTPD ammonia plant in Kingisepp, Russia. The facility’s 1 million tons per year ammonia production capacity is the largest in Europe and relies on KBR’s highly efficient Purifier™ ammonia technology.

KBR was the technology licensor and provided basic engineering design for the $1 billion project. KBR’s Purifier technology was selected for its low energy usage, flexibility and lower capital costs.

“We are proud to have taken part in this ambitious project,” said John Derbyshire, KBR President, Technology Solutions. “Even at this large scale, the KBR Purifier ammonia process is flexible, reliable, and will provide tremendous cost benefits for many years to come.”

“Today, you have to be a leader – both in terms of technology and product slate – to win in the marketplace,” said Alexander Tugolukov, head of EuroChem’s fertilizer division. “We recognize this, and are continuously striving to achieve new qualitative levels based on the best world-class technologies. For this project, we have applied the best technology by KBR to produce 1 million tons of ammonia per year, with 15% better energy performance, as compared to the existing production facilities.”

KBR also provided various state-of-the art digital solutions suitable for a best-in-class modern world-scale ammonia plant. These include KBR’s remote operations monitoring and expert advisory service Ammonia InSite®, a virtual 3D graphics-embedded Operator Training Simulator including e-learning system as well as a Reliability Based Maintenance system.

KBR is a leader across the world in ammonia technology and has been involved in the licensing, design, engineering, and/or construction of more than 235 grassroots ammonia plants and over 150 revamp ammonia projects globally.

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 38,000 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, featuring proprietary technology, equipment, catalysts, digital solutions and related technical services for the monetization of hydrocarbons, including refining, petrochemicals, ammonia and specialty chemicals, as well as inorganics
• 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.

Visit www.kbr.com

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, 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 and uncertainties include, but are not limited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company’s indemnities from its former parent; changes in capital spending by the company’s customers; the company’s ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company’s ability to control its cost under its contracts; claims negotiations and contract disputes with the company’s customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

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.

For further information, please contact:

Investors
Alison Vasquez
Vice President, Investor Relations
713-753-5082
[email protected]

Media
Brenna Hapes
External Global Communications
713-753-3800
[email protected]