KBR Secures Two-Year EPCM Contract Extension from Basra Oil Company

KBR has announced the two-year extension of its EPCM services contract with Basra Oil Company (BOC) for Iraq’s Majnoon Oil Field, one of the country’s most important energy assets. The extension will allow KBR to continue delivering comprehensive engineering, procurement, and construction management services, supporting Iraq’s national energy goals and the Growth II Program.

Key Highlights of KBR – BOC Contract Renewal:

  • Client: Basra Oil Company (BOC)
  • Contractor: KBR
  • Project: Majnoon Oil Field, Iraq
  • Contract Type: EPCM (Engineering, Procurement, and Construction Management)
  • Extension Period: Additional 2 years
  • Focus Areas:
    • Sustain production capacity
    • Enhance operational efficiency
    • Maximize local workforce participation
    • Improve safety standards
  • Part of: Growth II Program
  • Workforce Strategy: High proportion of local professionals at site and regional hubs

The renewed contract will enable KBR to help sustain forecasted production levels, improve operational efficiency, and maximize local content at the Majnoon site. A key focus of the extension is to drive continued improvements in safety and sustainability in field operations.

jay ibrahim kbr president 2
jay ibrahim kbr president

“This contract extension is a testament to our strong partnership with BOC and our commitment to supporting Iraq’s energy strategy and long-term field development.”

Jay Ibrahim, President of KBR Sustainable Technology Solutions

BOC’s CEO for the Majnoon Field, Mr. Kadhim Kareem, emphasized that KBR remains a strategic partner, helping the company maximize the field’s potential through safe, efficient, and sustainable execution.

KBR’s operations in Iraq include a significant number of local professionals, aligning with the country’s goals to build domestic capacity and ensure seamless delivery of ongoing and future EPCM projects.

Source: https://www.kbr.com/en/insights-news/press-release/kbr-secures-two-year-renewal-epcm-contract-basra-oil-company-majnoon-oil-field-iraq