KBR Awarded Contracts by The Republic of Iraq Ministry of Oil for Grassroots FCC and ROSE© Units at Maissan Refinery
August 24 2010 - 4:05PM
Business Wire
KBR (NYSE:KBR) today announced that it has been awarded two
contracts by the Republic of Iraq Ministry of Oil through the South
Refineries Company. KBR will provide licensing and basic
engineering services for the construction of Fluid Catalytic
Cracking (FCC) and Solvent Deasphalting (SDA) units at the planned
grassroots Maissan Refinery in Maissan, Iraq. Work on the projects
is expected to commence immediately.
KBR will license its FCC Technology for an anticipated 47,500
barrels per day (BPD) FCC unit and its Residuum Oil Supercritical
Extraction (ROSE®) technology for a 45,000 BPD SDA unit. The FCC
unit will be delivered under a joint marketing alliance between KBR
and ExxonMobil Research and Engineering Company (EMRE).
“These awards mark the first wins for KBR’s Technology Business
in Iraq and provide KBR the opportunity to introduce two of its
leading refining technologies into an important, emerging market,”
said Tim Challand, President, KBR Technology. “We look forward to
forging a solid and sustainable relationship with the Ministry and
South Refineries Company.”
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.
ExxonMobil Research and Engineering Company is a wholly owned
subsidiary of Exxon Mobil Corporation. ExxonMobil, the largest
publicly traded international oil and gas company, uses technology
and innovation to help meet the world’s growing energy needs.
ExxonMobil holds an industry-leading inventory of resources, is the
largest refiner and marketer of petroleum products and its chemical
company is one of the largest in the world. For more information,
visit www.exxonmobil.com.
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