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Share Name | Share Symbol | Market | Type |
---|---|---|---|
KBR Inc | NYSE:KBR | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.48 | -0.75% | 63.32 | 63.48 | 62.51 | 63.11 | 613,360 | 01:00:00 |
KBR (NYSE: KBR) today announced that it has been awarded a contract by Petroleo Brasileiro S.A. (Petrobras) to provide licensing, basic engineering and extended basic engineering, and technical consulting services for the development of a grassroots ammonia plant in Tres Lagoas, Brazil.
KBR will license its KBR Purifier ProcessTM ammonia technology for the anticipated 2,200 metric tons per day (MTPD) plant. Basic engineering services will be provided for the ammonia plant, as well as anticipated urea and urea granulation plants and related offsite utility units. Under the contract, KBR will also provide technical consulting services through the engineering, procurement and construction (EPC) phase of the project.
“KBR is pleased to have the opportunity to partner with Petrobras in bringing this much needed resource to the region,” said Tim Challand, President, KBR Technology. “KBR’s strength lies in our ability to offer technologies and engineering solutions to meet the unique needs of our global clients. I am confident that our long-term experience in the ammonia market will add significant value and contribute to the successful execution of this important project.”
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets. For more information, visit www.kbr.com.
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