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KBR (KBR), through a joint venture with Jubail-based AYTB, signs a seven-year contract to...
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Wednesday, December 26, 2012, 5:10 PM ETKBR (KBR), through a joint venture with Jubail-based AYTB, signs a seven-year contract to provide refinery maintenance services for Saudi Aramco at a new 400K bpd refinery in Jubail, Saudi Arabia. The refinery represents a unique technical challenge due to its scale and complexity. The contract range is between $140M-$170M, depending on services. Production is expected to commence in 2013.
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