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KBR Joint Venture Awarded Important Project Management Contract for Baku Oil Refinery Modernization

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HOUSTON - March 8, 2016 - KBR, Inc. (NYSE: KBR) today announced its SOCAR-KBR joint venture was awarded a significant project management consultancy (PMC) Contract for the Heydar Aliyev Baku oil refinery modernization project in Azerbaijan. This award marks the first major award to the joint venture, SOCAR-KBR Limited Liability Company (SOCAR-KBR LLC), since its inception in mid-2015. SOCAR-KBR LLC was created to provide design, engineering, technical, consultancy, procurement, construction supervision and project management services for all brownfield and greenfield projects across the upstream, midstream and downstream oil and gas sectors, in the Azerbaijan-Georgia-Turkey (AGT) region....

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