KBR Awarded Contract for Solvent Deasphalting Technology by ANCAP
HOUSTON – June 29, 2020 – KBR’s (NYSE: KBR) premier, market-leading Solvent Deasphalting (SDA) Technology, ROSE®, has been selected by Uruguay’s sole refinery, ANCAP, for a strategic upgrade project.
Under the terms of the contract, KBR will provide technology licensing, basic engineering design, and proprietary equipment for a 6,000 BPSD ROSE unit. The unit will allow ANCAP the operational flexibility for changing market conditions while supplying higher grade cleaner products and reducing its environmental footprint.
"We are proud that KBR’s world-leading ROSE technology was selected by ANCAP for its integrated refinery complex in Uruguay,” said Doug Kelly, KBR President, Technology Solutions. “In these challenging times, our process technologies continue to provide our clients with the differentiation and competitive advantage they need to adapt their businesses for the future.”
As the global market leader in SDA technology, KBR has licensed over 90% of the world's installed SDA capacity and continues to see a strong demand for ROSE technology globally.
About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Solutions and Energy sectors. KBR employs approximately 37,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:
- Government Solutions, serving government customers globally, including capabilities that cover the full lifecycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
- Technology Solutions, featuring proprietary technology, equipment, catalysts, digital solutions and related technical services for the monetization of hydrocarbons, including refining, petrochemicals, ammonia and specialty chemicals, as well as inorganics
- Energy Solutions, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU); program management and consulting services
KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
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For further information, please contact:
Investors
Alison Vasquez
Vice President, Investor Relations
713-753-5082
Investors@kbr.com
Media
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
MediaRelations@kbr.com
