Saudi Aramco extend KBR’s GES contract

KBR, Inc. announced that its Saudi Arabian joint venture engineering operation, KBR-AMCDE, has signed an amendment to extend its existing General Engineering Services Plus (GES+) Contract with Saudi Aramco.

Under the terms of the contract, KBR will provide front-end engineering design (FEED), detailed design, material procurement, and project management services (PMS) to support Saudi Aramco’s capital programs in Saudi Arabia. This amendment will extend the contract from an initial five years for a further five years with options for additional extensions.

The contract will be executed by KBR-AMCDE using resources located within its Saudi Arabia offices and focus on the development and utilization of local talent throughout the execution phases.

“We are proud to extend our contract with Saudi Aramco and look forward to the successful execution of future projects,” said Jay Ibrahim, President – Europe, Middle East and Africa (EMEA). “Saudi Aramco has always been and continues to be a very important client to our business, both in Saudi Arabia and globally, and we are delighted to continue providing our engineering and project management services for a wide range of Saudi Aramco projects and to continue to grow and maintain a substantial presence in the Middle East Region,” Ibrahim continued.

Revenue associated with this project was undisclosed and will be booked into backlog of unfilled orders for KBR’s Engineering & Construction Business Segment as purchase orders are issued under the contract.

About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Hydrocarbons and Government Services Sectors. KBR employs over 31,000 people worldwide, with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:

Government Services, serving government customers globally, including capabilities that cover the full life-cycle 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 & Consulting, 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; gasification; oil and gas consulting; integrity management; naval architecture and proprietary hulls; and downstream consulting.
Engineering & Construction, 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) and program management.
Source: www.kbr.com