KBR wins contracts to revamp ammonia plants in Europe

KBR (NYSE: KBR) won contracts to upgrade two ammonia plants in Germany and Austria, owned by AGF Nitrogen. The revamps aim to reduce gas use, improve energy efficiency, and lower CO₂ emissions. KBR will provide technology, engineering, and equipment for the projects, expected to enhance plant performance and sustainability. AGF Nitrogen is Europe's second-largest fertilizer producer, with annual revenue of EUR 2.3 billion.

KBR (NYSE:KBR) declared a $0.165 quarterly dividend, payable January 15, 2027. The dividend is set despite the company's planned spin-off of its Mission Technology Solutions business, Trinzic, in January 2027. Both companies will evaluate future dividend policies post-split. KBR serves industrial, energy, and infrastructure markets.

KBR has secured a contract from Aramco to provide engineering and project execution services for the Marjan offshore field in Saudi Arabia. The project aims to maintain production capacity, enhance gas processing, and integrate digital technologies. KBR's work will be primarily conducted from Houston and Al-Khobar. The Marjan field expansion includes a 300,000 bpd capacity addition and significant infrastructure upgrades.

KBR has secured a contract from Aramco to provide engineering and project execution services for upgrades at the Marjan offshore field, supporting production capacity and gas-processing capabilities. The project includes digital systems, automation, and power system upgrades, with engineering activities based in Houston and Al-Khobar.

Saudi Aramco awarded KBR a contract for upgrades at the Marjan offshore oil and gas field. KBR will provide engineering and project execution services to maintain production capacity and improve infrastructure. The Marjan field recently added 300,000 barrels per day of capacity, with the Tanajib Gas Plant processing 2.6 billion cubic feet per day of raw gas. Aramco previously awarded $18 billion in contracts for the Marjan and Berri expansion programs.

KBR (NYSE: KBR) secured a contract from Aramco to upgrade facilities in the Marjan offshore field. The project involves engineering and project execution services for offshore processing, gas compression, and power infrastructure. KBR aims to maintain production capacity and enhance gas processing capabilities. The work will be executed from Houston and Al-Khobar offices. KBR is a global lifecycle solutions company with 15,000 employees across 40 countries.