StocksMedium•6 October 2026•
1 min read
KBR Awarded Aramco Offshore Engineering Contract for Marjan Field
Key Facts
1KBR was awarded a contract by Aramco to provide engineering and project execution services for the Marjan offshore field upgrade.
2The contract includes supporting offshore processing, gas compression, and power infrastructure facilities in the Arabian Gulf.
KBR was awarded a contract by Aramco to provide engineering and project execution services for the Marjan offshore field upgrade. GlobeNewswire reported that the contract includes supporting offshore processing, gas compression, and power infrastructure facilities within the Arabian Gulf as part of Aramco's development program to enhance infrastructure capabilities.
The engineering work is expected to be executed primarily from KBR's Houston and Al-Khobar offices, leveraging the company's experience in Middle Eastern energy projects. This award comes amid varying global economic signals, such as Spain's business confidence reaching -1.6 on September 29, 2026, and US API crude oil stocks increasing by 1.019 million barrels on the same date.