KBR awarded Construction contract in Alberta
KBR, Inc. (NYSE: KBR) announced today that it has received an award associated with the Fort Hills Oil Sands Mining Project. KBR won a reimbursable contract to provide construction services at the facility located 90 kilometers north of Fort McMurray, Alberta.
KBR’s scope includes onsite construction management and direct hire field construction services at the Fort Hills Secondary Extraction facility. This scope, which was awarded by SK E&C subsidiary Sunlake, follows KBR’s contract to perform a detailed constructability study for the project.
“We look forward to working closely with SK E&C in support of the critical Fort Hills Project,” said Stuart Bradie, KBR President and CEO. “This is an important win with a key client and is indicative of KBR’s strategic commitment to maintaining a significant direct hire offering in Canada.”
The contract value was not disclosed. Expected revenue from the contract will be included in KBR’s second quarter 2015 backlog of unfilled orders for the Engineering and Construction segment. Work on the projects has commenced and will be executed over the next 18 months, with completion expected in the first quarter of 2017.
Source and Link: EPC Engineer