KBR secures contract extension for monitoring and advisory services by PT Panca Amara Utama
HOUSTON, November 2, 2021 / PRNewswire / – KBR (NYSE: KBR) today announced that it has secured a three-year extension of KBR INSITE® monitoring and advisory services from PT Panca Amara Utama (PAU) for its Banggai ammonia plant in Luwuk, Indonesia. Banggai was the first ammonia plant in Indonesia commissioned using KBR’s first PurifierPlus ™ technology.
Under the terms of the contract, KBR will continue to provide its cloud-based INSITE services to proactively and remotely monitor plant operations, diagnose probable causes of abnormal events and recommend corrective actions based on in-depth expertise. domain to prevent events from progressing to unplanned shutdowns or unwanted emissions.
“We are honored to continue our partnership with PAU to enable the digital transformation of this factory,” said Jay ibrahim, KBR President, Sustainable Technology Solutions. “KBR provided remote monitoring and decision support services to PAU from the start-up stages and this extensive collaboration will further improve the overall reliability, production and energy efficiency of the plant. We aim to accelerate PAU’s digitization journey and scale up overall plant operations, while helping to achieve its sustainability goals with a focus on reducing carbon emissions and reducing carbon footprint. energy consumption. “
KBR combines deep process domain expertise, operations and maintenance know-how and digital technologies to offer a holistic portfolio of solutions that enable businesses to improve their operational performance by reducing emissions, improving energy efficiency and increasing production while reducing OPEX.
We provide science, technology and engineering solutions to governments and businesses around the world. KBR employs approximately 29,000 people worldwide with customers in more than 80 countries and operations in 40 countries.
KBR is proud to work with customers around the world to provide technology, value-added services, and long-term operation and maintenance services to ensure consistent delivery with predictable results. At KBR, we deliver.
Statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the control of the company and which could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the significant negative impacts on economic and market conditions from the COVID-19 pandemic and the company’s ability to respond to the challenges and resulting business disruptions; the recent dislocation of the world energy market; the company’s ability to manage its liquidity; the results and publicity surrounding audits and investigations conducted by domestic and foreign government agencies and legislative bodies; the potential adverse lawsuits of such agencies and the potential adverse results and consequences of such lawsuits; changes in investment spending by the company’s clients; the company’s ability to obtain contracts from existing and new customers and to perform those contracts; structural changes in the industries in which the company operates; the escalation of associated costs and the completion of fixed-fee projects and the company’s ability to control its costs within the framework of its contracts; negotiations of claims and contractual disputes with the company’s customers; changes in the demand or price of oil and / or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with income tax laws; unstable political conditions, war and the effects of terrorism; foreign operations and exchange rates and controls; development and installation of financial systems; the possibility of cyber attacks and malware; increased competition for employees; the ability to complete and integrate acquisitions; and the operations of joint ventures, including joint ventures that are not controlled by the company.
KBR’s latest Annual Report on Form 10-K, all subsequent Forms 10-Q and 8-K, and other documents filed with the United States Securities and Exchange Commission discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR assumes no obligation to publicly revise or update any forward-looking statements for any reason.
SOURCE KBR, Inc.