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Stock Market & Financial Investment News

News Breaks
November 12, 2012
16:15 EDTKBRKBR awarded FEED contract for an IGCC project near Jazan Economic City
KBR announced it was awarded a contract to execute front-end engineering and design, or FEED, for an Integrated Gasification Combined Cycle, or IGCC, project near Jazan Economic City, Saudi Arabia. Once complete, it will be the largest gasifier-based power facility built in the world. The IGCC complex will convert vacuum residue to electricity and utilities for a local refinery and export 2.4 Gigawatts of electricity to the Jazan Economic City and the surrounding region. This award follows KBR's recent completion of FEED for the Jazan Refinery and Terminal, a 400,000 bpd facility located near Jazan Economic City. KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets.
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September 2, 2014
08:08 EDTKBRKBR awarded EPC services contract for Koch Nitrogen urea expansion
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August 21, 2014
08:10 EDTKBRKBR awarded EPC contract for new HDPE facility in La Porte, Texas
KBR announced it has been awarded a contract from Gemini HDPE, a manufacturing joint venture between INEOS Olefins & Polymers USA and Sasol, to provide engineering, procurement, and construction, or EPC, services for a new high-density polyethylene, or HDPE, facility to be located at INEOS's Battleground Manufacturing Complex in La Porte, Texas. The new facility is designed to produce 470 kilotons per annum of bimodal HDPE using Innovene S process technology licensed from INEOS Technologies. The new, single-train facility will include new polymerization, pelletization, and railcar load-out facilities, plus upgrades to existing utilities and infrastructure.

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