KBR wins Aramco offshore contract

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KBR wins Aramco offshore contract

KBR, Inc. announced that it has been awarded a project management contract by Saudi Aramco to provide project management services for Saudi Aramco’s offshore program.

Under the terms of this six-year contract, KBR will provide project management and engineering services for existing and new offshore facilities to maintain and increase crude production levels to meet Saudi Aramco’s maximum sustained capability for production under the company’s capital program. KBR’s Saudi joint venture company, KBR-AMCDE, will undertake all in-kingdom work scopes while KBR’s Houston and London operations centers will execute all out-of-kingdom scopes. Additionally, KBR-AMCDE will develop an in-kingdom center of engineering excellence to develop and train Saudi engineers.

“This is a significant milestone in our relationship with Saudi Aramco in the offshore arena and complements our existing work in Kingdom on the Jazan PMC and GES+ contracts,” said Stuart Bradie, KBR President and CEO. “We look forward to helping Saudi Aramco achieve its goal to develop an in-kingdom center of offshore engineering excellence and to maintain their production of oil and gas.”

KBR has had a strong presence in the Middle East for decades, working on several major petrochemical projects in Saudi Arabia, including providing Saudi Aramco with front end engineering and design and project management services for the Jazan Refinery, the Yanbu Refinery and the Shaybah NGL program.

Expected revenue from the contract will be included in the first quarter of 2015 backlog for KBR’s Engineering and Construction segment.

Source: EPC Engineer

Link: http://tinyurl.com/lx6smct

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.