KBR, Inc. (NYSE: KBR) announced today it has been awarded an engineering and project management services contract by JVGAS – a joint venture of Sonatrach, Statoil and BP – for the provision of engineering, procurement and construction management services in Algeria.
Under the terms of the contract KBR will provide detail design engineering, procurement services as well as construction management at the major gas developments at In Salah Gas and In Amenas. This work, which is expected to be performed over 48 months, will be a KBR collaboration with engineering and the procurement services being performed from the UK and Chennai offices in partnership with the local, in-country, engineering office.
"KBR is proud of its long history in Algeria where we have been working for over 45 years," said Jay Ibrahim, KBR President, EMEA "This project will demonstrate KBR's ability to utilize its global resources to provide the full spectrum of engineering project services on one of the largest projects in the country."
Revenue associated with this project will be booked into backlog of unfilled orders for KBR's Engineering & Construction Business as task orders are confirmed.