KBR Awarded FEED Contract For An IGCC Project Near Jazan Economic City, Saudi Arabia

KBR (NYSE: KBR) announced today it was awarded a contract to execute front-end engineering and design (FEED) for an Integrated Gasification Combined Cycle (IGCC) project near Jazan Economic City, Saudi Arabia. Once complete, it will be the largest gasifier-based power facility built in the world.

The IGCC complex will convert vacuum residue to electricity and utilities for a local refinery and export 2.4 Gigawatts of electricity to the Jazan Economic City and the surrounding region.

This award follows KBR’s recent completion of FEED for the Jazan Refinery and Terminal, a 400,000 bpd facility located near Jazan Economic City.

KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets. For more information, visit www.kbr.com.

Copyright Business Wire 2010

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