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HOUSTON, Nov. 17, 2022 /PRNewswire/ — KBR (NYSE: KBR) introduced at this time that BP Exploration (Shah Deniz) Restricted has awarded an optimization stage engineering providers contract to SOCAR-KBR (SKLLC) for the Shah Deniz compression undertaking within the Azerbaijan sector of the Caspian Sea. The undertaking is in early pre-FID stage.
SOCAR-KBR is a three way partnership of Azerbaijan’s state oil firm, SOCAR, and KBR.
The Shah Deniz compression platform undertaking would be the first within the Caspian area to characteristic crewless operations, delivering unprecedented course of optimization via cutting-edge, high-end know-how.
Beneath the contract, SOCAR-KBR will assist optimization and supply class-3 engineering providers. Scope additionally contains engineering to allow integration of the brand new platform to the prevailing system and supply shore energy to scale back the carbon footprint in assist of BP’s net-zero targets.
KBR lately accomplished the preliminary evaluation for the flagship undertaking utilizing their proprietary KMIT (KBR Upkeep Info Software) to offer detailed estimates of timing and resourcing of upkeep.
“We sit up for working with BP to realize their targets of introducing novel, crewless operations to the area, whereas additionally decreasing their carbon footprint, lowering working prices, and eliminating personnel dangers related to such initiatives,” mentioned Jay Ibrahim, president of KBR’s Sustainable Expertise Options enterprise. “KBR’s technical innovation is paving the best way for shoppers to extra simply navigate their power transition journey towards internet zero.”
KBR is a frontrunner in power transition and has in depth expertise supporting sustainable power initiatives throughout the globe. Learn extra about KBR’s method to fixing the power trilemma on KBR.com.
About KBR
We ship science, know-how and engineering options to governments and firms around the globe. KBR employs roughly 28,000 individuals performing numerous, advanced and mission essential roles in 34 nations.
KBR is proud to work with its clients throughout the globe to offer know-how, value-added providers, and long- time period operations and upkeep providers to make sure constant supply with predictable outcomes. At KBR, We Ship.
Go to www.kbr.com
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The corporate’s most lately filed Annual Report on Kind 10-Ok, any subsequent Kind 10-Qs and 8-Ks, and different U.S. Securities and Trade Fee filings talk about a number of the vital danger components that the corporate has recognized which will have an effect on its enterprise, outcomes of operations and monetary situation. Besides as required by regulation, the corporate undertakes no obligation to revise or replace publicly any forward-looking statements for any cause.
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SOURCE KBR, Inc.
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