KBR-AMCDE to extend GES+ contract with Saudi Aramco
US-based company KBR's Saudi Arabian joint venture engineering operation, KBR-AMCDE, has signed an amendment to extend its existing general engineering services plus (GES+) contract with Saudi Aramco.
As per the deal, KBR provides front-end engineering design (FEED), detailed design, material procurement and project management services (PMS) to assist Saudi Aramco's capital programmes in the country.
The amendment in the contract extends the agreement for another five years from its initial five-year tenure.
The contract will be executed by KBR-AMCDE utilising resources located within its Saudi Arabia offices. It will focus on the development and employ local talent throughout the execution phases.
KBR president for Europe, the Middle East and Africa Jay Ibrahim said: “We are proud to extend our contract with Saudi Aramco and look forward to the successful execution of future projects.
“Saudi Aramco has always been and continues to be a very important client to our business, both in Saudi Arabia and globally, and we are delighted to continue providing our engineering and project management services for a wide range of Saudi Aramco projects and to continue to grow and maintain a substantial presence in the Middle East Region.”
Both companies have not divulged the revenue associated with this project.
It will be booked into backlog of unfilled orders for KBR's engineering and construction business segment as purchase orders are issued under the contract.
KBR provides differentiated professional services and technologies across the asset and programme life cycle within the Hydrocarbons and Government Services Sectors.
Employing more than 31,000 people worldwide, the company operates in 40 countries.