Latest news with #JayIbrahim
Globe and Mail
a day ago
- Business
- Globe and Mail
KBR Awarded Program Management Consultancy Services Contract by TAQA Transmission
HOUSTON, July 28, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been awarded a Program Management Consultancy (PMC) services contract by Abu Dhabi Transmission Company PJSC (TAQA Transmission) for Phase 1 of its Nexus Scheme (Power & Water Projects). KBR will provide PMC services for the Nexus Scheme across the power and water transmission networks in multiple locations in Abu Dhabi. KBR will manage the overall execution of the various EPC packages, including supply management and associated infrastructure development. The initiation of this program is a significant step in TAQA's efforts to meet rising energy demands in UAE, while prioritizing sustainable and efficient operations. 'We are pleased to support TAQA Transmission on Project Nexus, which is a strategic investment in the innovation and digital transformation of operations and assets to meet rising energy demands sustainably,' said Jay Ibrahim, KBR President, Sustainable Technology Solutions. 'KBR is proud to be on the forefront of the energy transition by helping customers address the energy trilemma of security, sustainability and affordability.' KBR delivers best-in-class clean energy solutions worldwide. Our value-added services are customized to the needs of customers while keeping safety at the core of the operations. About KBR We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 38,000 people worldwide with customers in more than 80 countries and operations in over 29 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 Forward Looking Statements The statements in this press release that are not historical statements, including statements regarding project performance and outcomes and future demand for the company's services, 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 U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties, and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason. For further information, please contact: Investors Jamie DuBray Vice President, Investor Relations 713-753-5082 Investors@ Media Philip Ivy Vice President, Global Communications and Marketing 713-753-3800 MediaRelations@
Iraq Business
21-07-2025
- Business
- Iraq Business
KBR Secures Two-Year Contract Extension at Majnoon Oil Field
By John Lee. KBR has announced the renewal of its engineering, procurement, and construction management (EPCM) contract with Basra Oil Company (BOC) for the Majnoon oil field in Iraq, extending the agreement for another two years. Under the contract, KBR will continue delivering EPCM services to support production targets, enhance operational efficiency, improve safety, and increase local content. Jay Ibrahim, President of KBR Sustainable Technology Solutions, emphasised KBR's role in advancing the sustainable development of the Majnoon field, a key national asset. Mr. Kadhim Kareem, CEO of the Majnoon Field at BOC, confirmed KBR's status as a strategic partner in delivering safe and efficient projects that support the field's long-term development. Days earlier, the US-based firm was awarded a front-end engineering design (FEED) contract by KAR Electrical Power Production Trading FZE (KEPPT) for the development of a major fertilizer facility in Basra. (Source: KBR)
Trade Arabia
20-07-2025
- Business
- Trade Arabia
KBR secures EPCM contract renewal with Basra Oil Company
Global engineering company KBR has announced that it has secured the renewal of its engineering, procurement, and construction management (EPCM) contract with Basra Oil Company (BOC) for the Majnoon Oil Field for an additional two years. Under the contract, KBR will continue to provide comprehensive EPCM services to help BOC sustain forecasted production capacity, enhance operational efficiency, maximize local content, and drive continued safety improvements. "This contract extension is a testament to the strong working relationship between KBR and BOC, and further reinforces KBR's ongoing commitment to Iraq's national energy strategy and the sustainable development of the Majnoon field, one of the most strategic assets in the country," said Jay Ibrahim, the President for KBR Sustainable Technology Solutions. "KBR is committed to support local development and contribute to Iraq's long-term domestic capacity enhancement," he added. Kadhim Kareem, the CEO of Majnoon Field at Basra Oil Company, said: "KBR will continue to be our strategic partner in EPCM projects in Majnoon, successfully supporting our long-term development goals and maximizing field potential through safe, efficient, and sustainable project execution." KBR's team in Iraq comprises a high number of local professionals to meet the targeted percentages at the Majnoon site and other regional hubs, ensuring the seamless execution of ongoing and upcoming projects as part of the Growth II Program, he added.-TradeArabia News Service
Zawya
18-07-2025
- Business
- Zawya
KBR wins Feed contract for ammonia plant in Iraq
Global engineering company KBR has announced that it has secured a front-end engineering design (FEED) contract from KAR Electrical Power Production Trading (KEPPT) for an ammonia and urea production plant located in Iraqi city of Basra. On completion, the ammonia plant will boast a 2,300 MT per day production capacity and the urea facility a 3,850 MT per day capacity. As per the contract, KBR will be executing the project using its proprietary ammonia technology, which has been mainly designed to enable high efficiency, low emissions and operational reliability. On the contract win, Jay Ibrahim, the President of KBR Sustainable Technology Solution, said with a 38,000-strong workforce, the company has been involved in the licensing, design, engineering and construction of more than 260 ammonia plants worldwide. "We are honoured to support this pivotal project, which monetises gas feedstock to boost the agricultural industry in Iraq," he stated. KBR currently operates in over 29 countries, serving customers in more than 80 countries. Through this project, Iraqi government aims to generate employment and help reduce the nation's dependency on fertilizer imports while repositioning the country as a global ammonia producer. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. ( BAGHDAD
Yahoo
17-07-2025
- Business
- Yahoo
KBR Secures Two-Year Renewal of EPCM Contract with Basra Oil Company for the Majnoon Oil Field in Iraq
HOUSTON, July 17, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that it has secured the renewal of its engineering, procurement, and construction management (EPCM) contract with Basra Oil Company (BOC) for the Majnoon Oil Field for an additional two years. Under the contract, KBR will continue to provide comprehensive EPCM services to help BOC sustain forecasted production capacity, enhance operational efficiency, maximize local content, and drive continued safety improvements. 'This contract extension is a testament to the strong working relationship between KBR and BOC, and further reinforces KBR's ongoing commitment to Iraq's national energy strategy and the sustainable development of the Majnoon field, one of the most strategic assets in the country,' said Jay Ibrahim, President, KBR Sustainable Technology Solutions. 'KBR is committed to support local development and contribute to Iraq's long-term domestic capacity enhancement.' 'KBR will continue to be our strategic partner in EPCM projects in Majnoon, successfully supporting our long-term development goals and maximizing field potential through safe, efficient, and sustainable project execution,' said Mr. Kadhim Kareem, CEO of the Majnoon Field at Basra Oil Company. KBR's team in Iraq comprises a high number of local professionals to meet the targeted percentages at the Majnoon site and other regional hubs, ensuring the seamless execution of ongoing and upcoming projects as part of the Growth II Program. About KBRWe deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 38,000 people worldwide with customers in more than 80 countries and operations in over 29 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 Forward Looking Statements The statements in this press release that are not historical statements, including statements regarding project performance and outcomes and future demand for the company's services, 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 U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason. For further information, please contact: Jamie DuBrayVice President, Investor Relations713-753-5082Investors@ Philip IvyVice President, Global Communications and Marketing 713-753-3800MediaRelations@
