KBR Bags Digital Advisory Services Contract From OCI Beaumont

  • KBR, Inc. KBR has secured a three-year contract to provide KBR INSITE monitoring and advisory services to OCI's integrated ammonia-methanol plant in Beaumont, Texas. The company did not disclose the financial details of the contract.
  • KBR INSITE is a cloud-based remote plant monitoring service within KBR's Digital Sustainability Suite.
  • "KBR INSITE aims to extend the operating life of the Beaumont plant while helping drive carbon reduction and energy efficiency in a sustainable way," commented Jay Ibrahim, KBR President, Sustainable Technology Solutions.
  • Price Action: KBR shares closed higher by 1.18% at $37.65 on Wednesday.
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