KBR Executes Engineering Study for BP Hod Re-Development Project

KBR (NYSE:KBR) today announced that it was awarded a contract by BP NORGE AS (BP) to execute pre-front-end engineering and design (pre-FEED) engineering studies for the Hod Re-Development (HRD) Project, operating on behalf of BP and HESS NORGE AS.

KBR’s contract includes engineering services for the development of a replacement stand alone wellhead platform in the Norwegian sector of the North Sea. The pre-FEED study will provide the basis for a decision to progress to the Define Stage of the Hod Re-Development Project.

“This award follows the successful execution of various projects by KBR and our long established relationship with BP,” said Dennis Calton, President, KBR Oil & Gas. This work has been awarded as a call off against BP's Offshore Engineering and Project Management Services Global Agreement with KBR.

KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets. For more information, visit www.kbr.com.