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KBR Awarded Saudi Aramco Offshore Project Management Services Contract (KBR Inc)

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(Source: KBR Inc) HOUSTON - March 16, 2015 - KBR, Inc. (NYSE: KBR) announced today that it has been awarded a project management contract by Saudi Aramco to provide project management services for Saudi Aramco's 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 Aramco's maximum sustained capability for production under the company's capital program. KBR's Saudi joint venture company, KBR-AMCDE, will undertake all in-kingdom work scopes while KBR's Houston and London operations centers will execute all out-of-kingdom...

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