KBR awarded contract for ConocoPhillips / Saudi Aramco Yanbu export refinery project
KBR (NYSE: KBR) today announced that it has been awarded a contract by ConocoPhillips (NYSE: COP) and the Saudi Arabian Oil Company (Saudi Aramco) to provide detailed engineering and procurement services for the utilities package and the interconnecting systems and pipe racks for the companies’ joint Yanbu Export Refinery Project (YERP). The project is under engineering, procurement and construction (EPC) tendering process for the final investment decision by the project sponsors, and consists of a 400,000 barrel-per-day, full-conversion refinery in Yanbu Industrial City, Kingdom of Saudi Arabia.
This award is an extension of KBR’s current project management contract (PMC) with ConocoPhillips and Saudi Aramco and follows the completion of front-end engineering and design (FEED) services for the Yanbu Refinery by KBR. “We look forward to providing further services to ConocoPhillips and Saudi Aramco for the successful execution of this significant project,” said John Quinn, President, KBR Downstream. “This award recognizes KBR’s proven ability and track record to deliver high-quality services to our client. It also positions KBR for continued growth and future success in this market.”
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services and civil infrastructure sectors.