KBR Wins Conceptual Study Contract From SHI, Boosts STS Backlog
KBRKBR(KBR) ZACKS·2024-09-14 01:31

KBR, Inc. (KBR) received a conceptual study contract from one of the world's largest shipbuilders in South Korea — Samsung Heavy Industries (“SHI”).This first-of-its-kind floating ammonia production facility is part of SHI's diversification in the ocean energy business, with a focus on maritime technology. The process will involve KBR's low-carbon blue ammonia process technology and leverage SHI's expertise in the design of mega-floating vessels.KBR’s Technology Business Bodes WellKBR’s focus on a resilient ...