Aramco gives KBR wide-ranging offshore project management role
Saudi Aramco has contracted KBR (NYSE: KBR) to provide project management and services for the operator’s offshore program.
Under the six-year contract, KBR will also supply engineering services for existing and new offshore facilities to maintain and increase crude production levels.
The company’s Saudi joint venture,KBR-AMCDE, will undertake all in-kingdom work and will develop an in-kingdom center of engineering excellence to develop and train Saudi engineers.
KBR’s Houston and London centers will execute all out-of-kingdom scopes.