KBR inks engineering contract with Saudi Aramco
KBR today announced that its newly-established Middle East-based engineering company has been awarded an engineering and project management services contract from the Saudi Arabian Oil Company (Saudi Aramco) as part of its general engineering services plus (GES+) initiative.
The partners in this new engineering company, including Abdulhadi and Al-Moaibed Consulting Engineering Co. (AMCDE) and Kellogg, Brown and Root, were selected following a competitive bidding process, the company said. The GES+ contract period is for five years with options available for extensions.
The finalization of this contract qualifies the new engineering company to execute front-end engineering design (FEED), detailed design, material procurement, and project management services (PMS) to support Saudi Aramcos capital programs. The company will be an independent standalone company operating exclusively in the Middle East, and will employ and train Saudi nationals.
We are proud to sign this contract with Saudi Aramco under its GES+ Initiative and look forward to the successful execution of future projects, said Khaled Abu-Nasrah, president of KBR Middle East. KBRs work in the Middle East is integral to the companys rich legacy and the award of this contract further solidifies KBRs commitment to the region and to our long-time client, Saudi Aramco.
Financial terms of the contract were not disclosed.
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