KBR Partners with Kuwait Oil Company for Heavy Oil Design

KBR to Deliver Engineering Services for Kuwait Oil Program

HOUSTON — KBR has officially announced its partnership with Kuwait Oil Company (KOC) to provide front-end engineering design (FEED) services for Phase 1 of the heavy oil program at the South Ratqa field. This project represents a significant step towards enhancing Kuwait’s energy capabilities and ensures a reliable energy future for the nation.

Details of the KBR Contract

Per the contractual terms, KBR is tasked with delivering FEED alongside other essential services tied to this initiative, significantly contributing to KOC's Heavy Oil Program. The alignment of this project with KOC's long-term strategic vision highlights their commitment to securing energy affordability, promoting national prosperity, and ensuring a sustainable energy future for Kuwait.

KBR's Commitment to Innovation

Jay Ibrahim, President of KBR Sustainable Technology Solutions, emphasized the importance of this contract by stating, "We are honored by KOC's longstanding trust in KBR and are committed to supporting this strategic project, which aims to revolutionize energy security in Kuwait." KBR’s expertise in FEED and project management is what makes them the preferred partner for leading energy firms globally, allowing them to provide solutions tailored to the evolving market needs.

A Legacy of Excellence in Engineering

With over a century of experience, KBR has spearheaded comprehensive and value-added solutions throughout the complete asset lifecycle. The dedication of KBR's leading experts has resulted in the design and execution of world-class oil and gas facilities globally, showcasing their capability in managing large-scale projects efficiently.

About KBR's Global Presence

KBR is known for its diverse range of science, technology, and engineering solutions offered to governments and corporations around the world. With a workforce of about 38,000 employees, KBR operates in over 29 countries and serves customers in more than 80 nations. The company prides itself on delivering technological advancements, value-driven services, and consistent operational results to its clientele.

Looking Ahead with KBR

The collaboration with KOC exemplifies KBR’s strategic direction moving forward, ensuring they remain at the forefront of sustainable energy innovations. As they embark on this venture, KBR is dedicated to leveraging their technological expertise to facilitate the development and operational excellence in Kuwait's energy sector, promoting long-lasting benefits for both the company and its clients.

Contact Information for Inquiries

For additional inquiries, KBR’s Investor Relations can be reached through Jamie DuBray, Vice President at 713-753-5082 or via email at investors@kbr.com. Media inquiries should be directed to Philip Ivy, Vice President of Global Communications and Marketing at 713-753-3800 or mediarelations@kbr.com.

Frequently Asked Questions

What is the purpose of the KBR and KOC contract?

The contract focuses on providing front-end engineering design services for the heavy oil program at Kuwait's South Ratqa field, aiming to enhance Kuwait's energy security.

What is KBR's experience in the engineering field?

KBR has over 100 years of experience, specializing in comprehensive engineering and design solutions across various sectors including the oil and gas industry.

Where does KBR operate globally?

KBR maintains a presence in over 29 countries and serves clients in more than 80 nations, showcasing their extensive global reach.

Who can be contacted for investor relations at KBR?

Jamie DuBray, Vice President of Investor Relations, can be contacted at 713-753-5082 or via email at investors@kbr.com.

What technological solutions does KBR provide?

KBR offers a range of science, technology, and engineering solutions aimed at ensuring operational excellence and value-added services to various clients globally.

About The Author

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