KBR

KBR-AMCDE, American EPC contractor KBR’s Saudi Arabian joint venture engineering operation, has signed an extension agreement for its existing General Engineering Services Plus (GES+) contract with Saudi oil giant Aramco. Under the terms of the contract, KBR will provide front-end engineering design (FEED), detailed design, material procurement, and project management services (PMS) to support Saudi Aramco’s capital programmes in Saudi Arabia. This amendment will extend the contract from an initial five years for a further five years, with options for additional extensions. Besides, KBR and IT major IBM have recently announced that they have entered an agreement to collaborate on the development of digital products and services to help oil and gas and petrochemical customers reduce costs and increase profit, reliability and safety.