KBR to Provide Ammonia Technology and Services to Revamp North Fertilizer Plant in Iraq

HOUSTON - Friday, December 23rd 2011 [ME NewsWire] -(BUSINESS WIRE)-- KBR (NYSE: KBR) announced today that it has been awarded a contract by First Global Company to revamp the North Fertilizer Plant in Baiji, Iraq. Under the terms of the contract, KBR will provide a license for its proprietary Ammonia Process and related engineering services to increase the plant capacity to 120 percent of the original design. The original plant, which started up in 1989 was designed to produce 1000 MTPD Ammonia. “KBR is proud to have the opportunity to work with First Global Company to revamp the North Fertilizer Plant,” said John Derbyshire, President, KBR Technology. “Helping our licensors debottleneck their plants and achieve greater production capacities and process efficiencies is one of our core competencies and will be an area of significant growth worldwide.” 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 Sharon Bolen, 713-753-7615 Director, Administration Mediarelations@kbr.com or Rob Kukla, Jr., 713-753-5082 Director, Investor Relations investors@kbr.com