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News Breaks | | | | December 26, 2012 | | 16:19 EDT |  | KBR | KBR, AYTB awarded long-term contract for SATORP refinery, valued at $140M-$170M
KBR and AYTB announced that they have signed a seven-year contract to provide refinery maintenance services for the Saudi Aramco Total Refining and Petrochemical Company, or SATORP, at a new 400,000 bpd refinery in Jubail, Saudi Arabia. The refinery represents both a major investment by SATORP, and - as a single construction effort - a unique technical challenge due to its world-class scale and complexity. The contract value is in the approximate range between $140M-$170M, depending on services. Production is expected to commence in 2013. KBR, through a joint venture with Jubail-based AYTB, will deliver full-service maintenance services at the SATORP refinery. Deliverables under the contract include overall site management and field supervision of a craft workforce covering all mechanical, electrical and instrumentation disciplines. KBR and AYTB will also provide detailed planning and scheduling services, execution of preventive and predictive maintenance programs, management of subcontractor activities and procurement of tools and equipment. Additional services include the development, in partnership with SATORP, of reliability and cost optimization programs. | |
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| May 23, 2013 | | 16:15 EDT | | KBR | KBR wins Eagle Pass Mine coal handling facility services contract
 Subscribe for More Information | | | May 21, 2013 | | 16:10 EDT | | KBR | KBR awarded FEED contract for world-scale LNG project in British Columbia
Subscribe for More Information | | | May 15, 2013 | | 11:48 EDT | | KBR | Appaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M. | | | May 13, 2013 | | 16:15 EDT | | KBR | KBR wins facilities management contract in U.K.
KBR announced that it has been awarded a contract by the London Mayor’s Office for Policing and Crime to provide facilities management integrator services to the Metropolitan Police Service. The contract includes procuring, managing and auditing the facilities management supply chain on behalf of the Metropolitan Police Service. KBR will also design and manage a building management system to reduce overall maintenance costs to the metropolitan police and establish and manage a facilities management call center. | |
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