KBR Wins Project Management Consultancy Contract for Participation in the Major Revamp Program Russia's Largest Refinery
Houston, Texas - May 22, 2014 - KBR Inc. (NYSE: KBR) announced today it has been awarded a contract for project management consultancy (PMC) services for the construction of the advanced oil processing complex which is the part of the major renovation program of the largest operating refinery in Russia owned by JSC Gazprom Neft. The refinery is located in Omsk, Western Siberia, Russia.
KBR will provide PMC services for three new process units and offsites and utilities construction beginning with the front-end engineering and design phase and continuing through EPC, commissioning and start-up. The PMC will be executed by KBR's London and Russian Operating Centers.
KBR appreciates Gazprom Neft's confidence in our ability to deliver PMC services for this very important refinery renovation program in Omsk" said Roy Oelking, KBR Hydrocarbons Group President. "This project reinforces KBR's position in Russia and as a leading contractor for complex project execution in remote locations."
Expected revenue from the contract will be included in the second quarter 2014 backlog of unfilled orders for the Hydrocarbons segment. The contract value was not disclosed.
About KBR
KBR is a global engineering, construction and services company supporting the energy, hydrocarbons, power, industrial, civil infrastructure, minerals, government services and commercial markets. For more information, visit www.kbr.com.
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