KBR Awarded Framework Contract for Engineering Services by Sasol Technology (Pty) Ltd.
October 15 2009 - 4:45PM
Business Wire
KBR (NYSE:KBR) today announced that it has been awarded a
Framework Contract by Sasol Technology (Pty) Ltd., the technology
arm of the Sasol Group (Sasol), to provide engineering services
across various sectors of Sasol Group’s business including
downstream, petrochemical, and upstream in Southern Africa.
Under the agreement and on the basis of mutually agreed terms
and conditions, KBR will provide a full range of engineering
services that will vary in scope depending on Sasol’s needs. The
framework agreement is designed to allow Sasol and KBR to quickly
engage on conceptual studies, feasibility studies and FEED
packages. Also, as a Level 5 Contributor and Value-Adding Supplier
of the Broad Based Black Economic Empowerment (BBBEE) in South
Africa, KBR will add significant value and support to this
agreement as its status will allow Sasol to claim 100% of its
procurement spend against its own BBBEE scorecard.
“KBR is honored to have been selected for this important
Framework Agreement with Sasol,” said John Quinn, President, KBR
Downstream. “This agreement underscores and further solidifies our
strong relationship with Sasol, and I am confident KBR will deliver
top-grade services to our client.”
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.
KBR (NYSE:KBR)
Historical Stock Chart
From Sep 2024 to Oct 2024
KBR (NYSE:KBR)
Historical Stock Chart
From Oct 2023 to Oct 2024