KBR Wins Global EPCM Contract With BP, Strengthens Ties, Stock Up
KBR(KBR) ZACKS·2025-01-15 00:21
KBR, Inc. (KBR) has secured a significant global agreement with BP International Limited to provide engineering, procurement, and construction management (EPCM) services. This three-year agreement, with an option for a two-year extension, covers conventional and new energy projects worldwide, enhancing KBR’s position as a versatile and trusted partner in the energy sector.Shares of KBR gained 1.6% during the trading session yesterday.The contract involves KBR supporting both onshore and offshore projects, s ...