KBR to roll out new development program to train Saudi engineers
3/16/2015 12:00:00 AM
KBR announced today that it has been awarded a project management contract by Saudi Aramco to provide project management services for Saudi Aramcos offshore program.
Under the terms of this six-year contract, KBR will provide project management and engineering services for existing and new offshore facilities to maintain and increase crude production levels to meet Saudi Aramcos maximum sustained capability for production under the companys capital program.
KBRs Saudi joint venture company, KBR-AMCDE, will undertake all in-kingdom work scopes while KBRs Houston and London operations centers will execute all out-of-kingdom scopes.
Additionally, KBR-AMCDE will develop an in-kingdom center of engineering excellence to develop and train Saudi engineers.
This is a significant milestone in our relationship with Saudi Aramco in the offshore arena and complements our existing work in Kingdom on the Jazan PMC and GES+ contracts, said Stuart Bradie, KBR president and CEO.
We look forward to helping Saudi Aramco achieve its goal to develop an in-kingdom center of offshore engineering excellence and to maintain their production of oil and gas," he added.
KBR has had a strong presence in the Middle East for decades, working on several major petrochemical projects in Saudi Arabia, including providing Saudi Aramco with front end engineering and design and project management services for the Jazan Refinery, the Yanbu Refinery and the Shaybah NGL program.
Expected revenue from the contract will be included in the first quarter of 2015 backlog for KBRs engineering and construction segment.
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