KBR Expands Support for Saudi's Energy Future
KBR has secured a contract to support Saudi Aramco's Master Expansion Program, focusing on increasing gas handling capacity at key regional locations through 2028. The project involves enhancing the capacity of Shaybah field's four Gas-Oil Separation Plants (GOSPs), power plant, and well injection facilities.
The initiative emphasizes sustainability through integration of carbon-free energy alternatives, carbon capture, and gas reinjection to reduce emissions. The project includes optimizing existing equipment and evaluating a greenfield facility to support Saudi Aramco's 2060 net-zero goals.
KBR's involvement in Saudi Arabia extends over four decades, contributing to energy, infrastructure, and sustainability sectors in alignment with Saudi Arabia's Vision 2030.
KBR ha ottenuto un contratto per supportare il Master Expansion Program di Saudi Aramco, concentrandosi sull'aumento della capacità di gestione del gas in posizioni regionali chiave fino al 2028. Il progetto prevede il potenziamento della capacità dei quattro impianti di separazione gas-olio (GOSP) del campo di Shaybah, della centrale elettrica e delle strutture di iniezione dei pozzi.
L'iniziativa pone l'accento sulla sostenibilità attraverso l'integrazione di alternative energetiche prive di carbonio, cattura del carbonio e reiniezione del gas per ridurre le emissioni. Il progetto include l'ottimizzazione delle attrezzature esistenti e la valutazione di un impianto greenfield per supportare gli obiettivi di neutralità carbonica di Saudi Aramco entro il 2060.
L'impegno di KBR in Arabia Saudita si estende per oltre quattro decenni, contribuendo ai settori dell'energia, delle infrastrutture e della sostenibilità in linea con la Visione 2030 dell'Arabia Saudita.
KBR ha conseguido un contrato para apoyar el Master Expansion Program de Saudi Aramco, centrándose en aumentar la capacidad de manejo de gas en ubicaciones regionales clave hasta 2028. El proyecto implica mejorar la capacidad de las cuatro plantas de separación de gas y petróleo (GOSP) del campo Shaybah, la planta de energía y las instalaciones de inyección de pozos.
La iniciativa enfatiza la sostenibilidad a través de la integración de alternativas de energía sin carbono, captura de carbono, y reinyección de gas para reducir las emisiones. El proyecto incluye la optimización de los equipos existentes y la evaluación de una instalación greenfield para apoyar los objetivos de cero emisiones netas de Saudi Aramco para 2060.
La participación de KBR en Arabia Saudita se extiende por más de cuatro décadas, contribuyendo a los sectores de energía, infraestructura y sostenibilidad en línea con la Visión 2030 de Arabia Saudita.
KBR는 Saudi Aramco의 Master Expansion Program을 지원하는 계약을 체결하였으며, 2028년까지 주요 지역에서 가스 처리 능력을 증가시키는 데 집중하고 있습니다. 이 프로젝트는 Shaybah 유전의 4개의 가스-오일 분리 플랜트 (GOSP), 발전소 및 유정 주입 시설의 용량을 향상시키는 것을 포함합니다.
이 이니셔티브는 지속 가능성을 강조하며, 탄소 없는 에너지 대안, 탄소 포집 및 가스 재주입 통합을 통해 배출량을 줄이고자 합니다. 프로젝트에는 기존 장비의 최적화와 Saudi Aramco의 2060년 넷 제로 목표를 지원하기 위한 그린필드 시설 평가가 포함됩니다.
KBR는 사우디 아라비아에서 40년 이상 활동해오고 있으며, 에너지, 인프라 및 지속 가능성 분야에 기여하며 사우디 아라비아의 비전 2030에 맞추어 활동하고 있습니다.
KBR a obtenu un contrat pour soutenir le Master Expansion Program de Saudi Aramco, en mettant l'accent sur l'augmentation de la capacité de gestion du gaz dans des sites régionaux clés jusqu'en 2028. Le projet concerne l'amélioration de la capacité des quatre installations de séparation gaz-pétrole (GOSP) du champ de Shaybah, de la centrale électrique et des installations d'injection de puits.
L'initiative met l'accent sur la durabilité grâce à l'intégration d'alternatives énergétiques sans carbone, la capture du carbone et la réinjection de gaz pour réduire les émissions. Le projet comprend l'optimisation des équipements existants et l'évaluation d'une installation en site vierge pour soutenir les objectifs de zéro émission nette de Saudi Aramco d'ici 2060.
L'implication de KBR en Arabie Saoudite s'étend sur plus de quatre décennies, contribuant aux secteurs de l'énergie, des infrastructures et de la durabilité, conformément à la Vision 2030 de l'Arabie Saoudite.
KBR hat einen Vertrag zur Unterstützung des Master Expansion Program von Saudi Aramco gesichert, mit dem Ziel, die Gashandhabungskapazität an wichtigen regionalen Standorten bis 2028 zu erhöhen. Das Projekt umfasst die Verbesserung der Kapazität der vier Gas-Öl-Trennanlagen (GOSP) im Shaybah-Feld, des Kraftwerks und der Brunneninjektionsanlagen.
Die Initiative legt Wert auf Nachhaltigkeit durch die Integration von kohlenstofffreien Energiealternativen, Kohlenstoffabscheidung und Gasreinjektion zur Reduzierung der Emissionen. Das Projekt umfasst die Optimierung vorhandener Anlagen und die Evaluierung einer Greenfield-Anlage zur Unterstützung der Netto-Null-Ziele von Saudi Aramco bis 2060.
Die Beteiligung von KBR in Saudi-Arabien erstreckt sich über vier Jahrzehnte und trägt zu den Bereichen Energie, Infrastruktur und Nachhaltigkeit in Übereinstimmung mit Saudi-Arabiens Vision 2030 bei.
- Secured multi-year contract through 2028 with Saudi Aramco
- Expansion of existing business relationship in Saudi Arabian market
- Project contributes to long-term sustainable energy infrastructure
- None.
Insights
KBR has secured a strategically significant contract with Saudi Aramco that strengthens its position in the Middle Eastern energy infrastructure sector. The contract, extending through 2028, focuses on the critical Shaybah field - one of Saudi Arabia's most important oil and gas assets, capable of producing up to 1 million barrels of crude oil per day.
The scope encompasses upgrading four Gas-Oil Separation Plants (GOSPs), power plant facilities and well injection infrastructure. While specific contract values weren't disclosed, projects of this scale and complexity typically represent substantial revenue opportunities for engineering firms like KBR. The company's four-decade presence in Saudi Arabia provides a competitive advantage in project execution and local relationship management.
From a technological perspective, the integration of carbon capture and gas reinjection capabilities positions KBR at the forefront of the energy transition. This aligns with the global shift toward cleaner energy solutions and could open doors to similar contracts as other oil-producing nations pursue decarbonization. The emphasis on optimizing existing equipment while evaluating greenfield facilities demonstrates a balanced approach to resource efficiency.
For investors, this contract offers multiple value drivers: 1) Long-term revenue visibility through 2028 2) Strengthened positioning in Saudi Arabia's Vision 2030 initiatives 3) Enhanced credentials in sustainable energy infrastructure 4) Potential for follow-on work as Saudi Aramco pursues its 2060 net-zero goals. The project's focus on sustainability and operational efficiency could serve as a blueprint for future contracts in the region.
Under the contract, running through to 2028, KBR will support work to increase and maintain maximum sustainable capacity across the Shaybah field's four Gas-Oil Separation Plants (GOSPs), as well as power plant and well injection facilities – helping support the Kingdom's future energy requirements.
The project prioritizes sustainability by integrating carbon-free energy alternatives, carbon capture, and gas reinjection to reduce emissions, optimizing existing equipment and GOSP plot space, and evaluating a greenfield facility to enhance resource efficiency while supporting Saudi Aramco's 2060 net-zero goals.
Jay Ibrahim, President KBR Sustainable Technology Solutions, said, "We are pleased to continue partnering with Saudi Aramco and help shape a greener future for generations to come. This project underscores our commitment to delivering excellence and supporting sustainable energy generation in
KBR's presence in
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 37,000 people performing diverse, complex and mission-critical roles in 33 countries.
KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com.
Forward Looking Statements
The statements in this press release that are not historical statements, including statements regarding future business performance, customer demand and project outcomes, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company's control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other
For further information, please contact:
Investors
Jamie DuBray
Vice President, Investor Relations
713-753-5082
Investors@kbr.com
Media
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
MediaRelations@kbr.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/kbr-expands-support-for-saudis-energy-future-302356706.html
SOURCE KBR, Inc.
FAQ
What is the duration of KBR's new contract with Saudi Aramco?
What facilities will KBR help expand in the Shaybah field?
How does KBR's new contract align with Saudi Aramco's environmental goals?
How long has KBR been operating in Saudi Arabia?
