KBR, Inc. announced that its UK operating subsidiary has been awarded a Front End Engineering Design (FEED) contract by BP for Phase 1 of the Tortue field Hub/Terminal development located on the maritime border between Senegal and Mauritania. The agreement contains a mechanism to allow transition of the contract to an Engineering, Procurement and Construction Management (EPCM) contract at a later date.

Under the terms of the contract, KBR will provide management of the Quarters and Utilities (QU) including Telecoms Systems FEED and provision of supplemental services (system engineering, interface oversight, technology planning, support and verification) of the Hub/Terminal for the Tortue project in Senegal and Mauritania. The FEED work is to be performed up to the end of 2018 to support the FID. Local content was carefully considered as part of the regular contract evaluation process, and will continue to be closely reviewed to identify potential opportunities during KBR FEED engineering work.

"We are proud to continue to be part of this significant project providing this technical assurance and facilities integration role to BP," said Jay Ibrahim, KBR President, Europe, Middle East and Africa and Asia-Pacific. "This win is indicative of KBR's strategic commitment to our partner BP, building on concept work done by our subsidiary Granherne, and then the Pre-FEED that was executed by KBR and now to this FEED award."

Estimated revenue associated with this project will be booked into backlog of unfilled orders for KBR's Hydrocarbons Services Business segment in the fourth quarter of 2018.

About KBR, Inc.

KBR (NYSE: KBR) is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Government Services and Hydrocarbons sectors. KBR employs approximately 34,000 people worldwide (including our joint ventures), with customers in more than 75 countries, and operations in 40 countries, across three synergistic global businesses:
- Government Services, serving government customers globally, including capabilities that cover the full life-cycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
- Technology & Consulting, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining; gasification; oil and gas consulting; integrity management; naval architecture and proprietary hulls; and downstream consulting
- Engineering & Construction, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU) and program management

About BP

BP (NYSE:BP) is one of the world's largest oil and gas companies, serving millions of customers every day in more than 80 countries, and employing nearly 85,000 people. BP's business segments are oil and gas exploration & production, and refining & marketing. In alternative energies, BP has low- and no-carbon wind and biofuels businesses. Through these activities, BP provides fuel for transportation; energy for heat and light; services for motorists; and petrochemicals products for plastics, textiles and food packaging. It has strong positions in many of the world's hydrocarbons basins and strong market positions in key economies.