Tuesday, August 21, 2012

KBR Awarded Project Management Contract for Australian Power Station


HOUSTON - Tuesday, August 21st 2012 [ME NewsWire]

(BUSINESS WIRE)-- KBR (NYSE: KBR) announced today it has been awarded a project management services contract for construction of the Diamantina Power Station, a 242 MW gas-fired power station in northwest Queensland, Australia. Located about four miles (six kilometers) from the mining community of Mt. Isa, the station will provide power to Xstrata’s MIM copper mine and will be a secure long-term energy supplier to the region.

KBR’s scope of services includes project management, safety, cost, schedule and site construction oversight of the power station’s engineering, procurement and construction contractors. Features of the combined-cycle gas turbine power station include low emissions and a high level of net efficiency for a plant of this nature.

The client, DPS Co., a 50-50 joint venture between APA Group and AGL Energy Limited, predicts a total power station cost of about AU$500 million, with construction to be completed by mid-2014.

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.

Contacts

KBR

Zac Nagle, 713-753-3625

Vice President, Investor Relations and Communications

Investors@kbr.com



Marianne Gooch, 713-753-3800

Director, Corporate Communications

Mediarelations@kbr.com

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