HOUSTON, Sept. 5,
2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today
it has been awarded engineering contracts by Seatrium Group to
develop topsides facilities for two new high-production,
energy-efficient floating production storage and offloading (FPSO)
units. The units are being designed for Petrobras' Atapu and Sepia
fields in the Santos Basin, Brazil.
Under the terms of the contracts, KBR will provide Seatrium with
detailed engineering services and technical engineering procurement
support for the topsides of P-84 and P-85 FPSOs, which are part of
Petrobras' new generation of FPSO platforms. These platforms are
known for their high production capacity and sustainable practices.
Each will be capable of producing 225,000 barrels of oil per day
and compressing, treating, and re-injecting 10 Mm³ of gas per
day.
In line with Petrobras' all-electric concept, the design focuses
on efficient power generation and optimized process plants, greatly
enhancing energy efficiency. The FPSOs will also integrate advanced
technologies to minimize environmental impact, including zero
routine flaring and venting, variable speed drives, and CO2 capture
measures, aimed at significantly reducing greenhouse gas emissions
compared to a design that does not include these technologies.
"KBR is pleased to support Seatrium in the development of the
P-84 and P-85 FPSOs, further strengthening our partnership and
shared commitment to deliver engineering excellence and
sustainability," said Jay Ibrahim,
KBR President, Sustainable Technology Solutions. "KBR will ensure
that these units are developed with a strong focus on enhancing
operational efficiency and sustainability, thereby contributing to
the industry's transition toward a more sustainable future."
KBR has been a leader in engineering design, process technology
development, commercialization and offshore design solutions for
more than 50 years.
About KBR
We deliver science, technology and engineering solutions to
governments and companies around the world. KBR employs
approximately 36,000 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 the performance of
certain designs and technologies, 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.
For further information, please contact:
Investors
Jamie
DuBray
Vice President, Investor Relations
713-753-5082
Investors@kbr.com
Media
Philip
Ivy
Vice President, Global Communications and Marketing
713-753-3800
MediaRelations@kbr.com
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SOURCE KBR, Inc.