HOUSTON, March 28,
2024 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced
today it has secured a five-year asset condition monitoring program
contract from Rabigh Refining & Petrochemical Company (Petro
Rabigh) to deploy predictive maintenance services at its plant in
Rabigh, Saudi Arabia.
The program will optimize asset lifecycle, enhance machinery
performance and improve overall reliability. This collaboration
aims to boost energy and equipment efficiency while mitigating
operational risks, aligning with Petro Rabigh's commitment to
safety and sustainability.
"We are pleased to build a longstanding partnership with Petro
Rabigh and offer our innovative technology-led industrial
solutions," said Jay Ibrahim,
President, KBR Sustainable Technology Solutions. "KBR's predictive
maintenance services improve operational efficiency and align with
the clients' ESG objectives by promoting sustainability and
responsible resource management."
KBR delivers smart asset management solutions to help its
customers optimize operations, maintenance and revamps to achieve
sustainable world-class performance.
About KBR
We deliver science, technology and engineering solutions to
governments and companies around the world. KBR employs
approximately 34,000 people worldwide with customers in more than
80 countries and operations in over 30 countries.
KBR is proud to work with its customers across the globe to
provide technology, value-added services, and long-term operations
and maintenance services to ensure consistent delivery with
predictable results. At KBR, We Deliver.
Visit www.kbr.com
Forward Looking Statements
The statements in this press release that are not historical
statements, including statements regarding performance of the
contract with Petro Rabigh, are forward-looking statements within
the meaning of the federal securities laws. These statements are
subject to numerous risks, uncertainties and assumptions, many of
which are beyond the company's control, that could cause actual
results to differ materially from the results expressed or implied
by the statements. These risks, uncertainties and assumptions
include, but are not limited to, those set forth in the company's
most recently filed Annual Report on Form 10-K, any subsequent Form
10-Qs and 8-Ks and other U.S. Securities and Exchange Commission
filings, which discuss some of the important risks, uncertainties
and assumptions that the company has identified that may affect its
business, results of operations and financial condition. Due to
such risks, uncertainties and assumptions, you are cautioned not to
place undue reliance on such forward-looking statements, which
speak only as of the date hereof. Except as required by law, the
company undertakes no obligation to revise or update publicly any
forward-looking statements for any reason.
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SOURCE KBR, Inc.