KBR Awarded FEED Contract by Saudi Aramco for Shaybah NGL Program

KBR (NYSE:KBR) today announced that it has been awarded a contract by the Saudi Arabian Oil Company (Saudi Aramco) to provide front-end engineering and design (FEED), and Project Management Services (PMS) for its Shaybah Natural Gas Liquids (NGL) Program at Shaybah field located in Saudi Arabia.

KBR will provide FEED and PMS services to develop the process design, layout, develop equipment and material specifications, prepare bid packages and develop an estimate for the construction for several projects related to the Shaybah NGL Program facilities. KBR will also assist Saudi Aramco in managing and directing the work related to other Shaybah Program projects. The Shaybah Program is designed to help meet the rising domestic demand for gas and feedstocks for petrochemical projects. Work on the project is expected to begin in October 2009.

“KBR is pleased to be selected to take part in such a significant project for Saudi Aramco,” said John Quinn, President, KBR Downstream. “KBR is committed to providing our client with quality FEED and project management services. Additionally, this award, along with our existing work at Ras Tanura and YANBU, signifies our continued commitment to support Saudi Aramco development programs.”

KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets. For more information, visit www.kbr.com.

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