The statements in this press release that are not historical statements, including statements regarding the company’s performance of its contract with BP, are forward-looking statements within the meaning of the federal securities laws. 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. KBR employs approximately 30,000 people performing diverse, complex and mission-critical roles in 34 countries. We deliver science, technology and engineering solutions to governments and companies around the world. By leveraging that relationship and our premier hydrogen domain expertise, we will continue to collaboratively deliver successful projects that support their business objectives.” KBR is proud of its long-standing relationship with BP. “This contract award aligns with KBR’s mission of providing our customers with differentiated, sustainable solutions that are enabling the energy transition. “We are delighted to have been selected to play a part in BP’s strategic energy transition program and to support their sustainable growth plans in the hydrogen sector,” said Jay Ibrahim, president of KBR’s Sustainable Technology Solutions business. The contract will commence under the existing global agreement with BP. The contract scope includes joint contribution to front-end, optimization and execution project phases as well as management support through construction, commissioning and startup for BP’s global hydrogen projects. The IPMT will provide services required for safe, effective and high-quality project delivery, including performance management of individual projects and relevant subcontractors. KBR will utilize the collaborative work practices and experience of its Integrated Project Management Team (IPMT). Houston – (April 5, 2023) – KBR (NYSE: KBR) announced today it has been named the primary integrated project management contractor across BP’s global hydrogen project portfolio.
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