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KBR Selected to Deliver Detailed Engineering Design for the Gas Growth Integrated Project Operated by TotalEnergies in Iraq

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KBR (NYSE: KBR) was selected by ENKA to deliver multi-discipline detailed engineering design for the Associated Gas Upstream Project Phase 2 (AGUP2), part of the Gas Growth Integrated Project operated by TotalEnergies with BOC and Qatar Energy in Basra, Iraq.

Under a letter of award, KBR will support ENKA’s EPSCC execution for the central processing facility. AGUP2, due to start in 2028, targets processing to 210,000 barrels/day of oil and 154 million scf/day of gas and aims to eliminate routine flaring while supporting Iraq’s energy transition.

KBR (NYSE: KBR) è stata selezionata da ENKA per fornire la progettazione ingegneristica dettagliata multi-disciplinare per la Fase 2 del Progetto Associated Gas Upstream (AGUP2), parte del Gas Growth Integrated Project gestito da TotalEnergies con BOC e Qatar Energy a Basra, Iraq.

In base a una lettera di conferma, KBR supporterà l'esecuzione EPSCC di ENKA per l'impianto di processamento centrale. AGUP2, che dovrebbe avviare nel 2028, mira a processare 210.000 barili/giorno di petrolio e 154 milioni di scf/giorno di gas e ha l'obiettivo di eliminare la flaring di routine supportando la transizione energetica dell'Iraq.

KBR (NYSE: KBR) fue seleccionada por ENKA para entregar el diseño de ingeniería detallada multidisciplinario para la Fase 2 del Proyecto Asociado de Gas Upstream (AGUP2), parte del Gas Growth Integrated Project operado por TotalEnergies con BOC y Qatar Energy en Basora, Irak.

En virtud de una carta de adjudicación, KBR apoyará la ejecución EPSCC de ENKA para la central de procesamiento. AGUP2, que está prevista para comenzar en 2028, tiene como objetivo procesar 210.000 barriles/día de petróleo y 154 millones de scf/día de gas y apunta a eliminar la quema rutinaria mientras Apoya la transición energética de Irak.

KBR (NYSE: KBR)가 ENKA에 의해 Associated Gas Upstream 프로젝트 AGUP2의 다분야 상세 설계 개발을 제공하기로 선정되었으며, 이는 이라크 바스라에서 TotalEnergies가 BOC 및 카타르 에너지와 함께 운영하는 Gas Growth Integrated Project의 일부인 AGUP2입니다.

수주장에 따라 KBR은 ENKA의 EPSCC 실행을 중앙 처리시설에 지원할 것 입니다. AGUP2는 2028에 시작될 예정이며 석유 210,000 배럴/일, 가스 154 백만 scf/일의 처리량을 목표로 하고 일상 화재 제거를 지향하며 이라크의 에너지 전환을 지원합니다.

KBR (NYSE: KBR) a été sélectionnée par ENKA pour assurer la conception d'ingénierie détaillée multidisciplinaire pour la Phase 2 du projet Associated Gas Upstream (AGUP2), partie du Gas Growth Integrated Project exploité par TotalEnergies avec BOC et Qatar Energy à Basra, en Irak.

En vertu d'une lettre d'attribution, KBR soutiendra l'exécution EPSCC d'ENKA pour l'unité de traitement central. AGUP2, dont le démarrage est prévu en 2028, vise à traiter 210 000 barils/jour d'huile et 154 millions de scf/jour de gaz et vise à éliminer les torchères routinières tout en soutenant la transition énergétique de l'Irak.

KBR (NYSE: KBR) wurde von ENKA ausgewählt, um das mehrdisziplinäre Detailengineering-Design für das Associated Gas Upstream Project Phase 2 (AGUP2) zu liefern, einen Teil des Gas Growth Integrated Project, das von TotalEnergies mit BOC und Qatar Energy in Basra, Irak, betrieben wird.

Im Rahmen eines Vergabeschreibens wird KBR ENKAs EPSCC-Ausführung für die zentrale Verarbeitungsanlage unterstützen. AGUP2 soll im 2028 beginnen, zielt darauf ab, 210.000 Barrel/Tag Öl und 154 Millionen scf/Tag Gas zu verarbeiten und beabsichtigt, das herkömmliche Abfackeln zu eliminieren, während es die Energiewende des Irak unterstützt.

KBR (NYSE: KBR) تم اختيارها من قبل ENKA لتقديم تصميم الهندسة التفصيلية متعددة الاختصاصات لمشروع Associated Gas Upstream AGUP2، جزء من مشروع النمو في الغاز المدمج المشغّل من قبل TotalEnergies مع BOC و Qatar Energy في البصرة، العراق.

وفقاً لرسالة الجائزة، ستدعم KBR تنفيذ EPSCC الخاص بـ ENKA لمحطة المعالجة المركزية. من المقرر أن يبدأ AGUP2 في 2028، ويهدف إلى معالجة 210,000 برميل/يوم من النفط و 154 مليون قدم مكعب/اليوم من الغاز، ويهدف إلى القضاء على الحرق الروتيني مع دعم التحول الطاقي في العراق.

Positive
  • Letter of award received to deliver detailed engineering design
  • AGUP2 target: 210,000 barrels/day oil capacity
  • AGUP2 target: 154 million scf/day gas capacity
  • Project aims to eliminate routine flaring and support decarbonization
  • KBR previously delivered FEED for the same development
Negative
  • None.

Insights

KBR won detailed engineering work on a large integrated gas/oil project in Iraq, supporting capacity expansion and reduced flaring.

KBR will deliver multi‑discipline detailed engineering for the AGUP2 central processing facility, following completion of FEED, enabling ENKA to execute the EPSCC scope. The work links directly to processing targets of 210,000 barrels per day of oil and 154 million standard cubic feet per day of gas and to an operational start planned in 2028.

The contract increases KBR’s exposure to integrated field redevelopment and gas‑recovery engineering, which aligns its technical scope with Iraq’s stated aim to eliminate routine flaring and move toward lower‑carbon operations. Key dependencies include timely FEED-to‑detailed‑design handover, ENKA’s EPSCC execution, and partner approvals within the GGIP consortium; any delay in those items would push the 2028 start date and shift schedule risk to contractors.

Watch the conversion of detailed design into EPC milestones, permit and partner sign‑offs, and the first construction procurement releases over the next 12–24 months as indicators of on‑schedule delivery.

The award strengthens KBR’s backlog and ties to major operators, with project scale likely to support multi‑year engineering revenue.

The letter of award to provide detailed engineering indicates a near‑term revenue stream as design work is delivered from global engineering centres; FEED completion reduces technical execution risk versus greenfield work. The project’s scope spans gas recovery, power generation, and renewables investment, implying staged capital deployment by the operator group and potential follow‑on services.

Main financial dependencies include ENKA’s EPSCC contracting timelines and consortium funding approvals; procurement and construction awards will determine revenue cadence. Monitor engineering contract notices, EPSCC mobilization, and spending milestones across the next 12–36 months for signals about revenue recognition and cash flow timing.

HOUSTON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) has been selected by ENKA İnşaat ve Sanayi A.Ş. (ENKA) to provide detailed engineering design services for the Associated Gas Upstreasm Project Phase 2 (AGUP2), as part of the Gas Growth Integrated Project (GGIP) operated by TotalEnergies alongside its partners BOC and Qatar Energy, in the Basra region of Iraq.

This award follows KBR’s successful delivery of the Front-End Engineering Design (FEED) for the same development, underscoring its long-standing relationship with both TotalEnergies and ENKA, and continued commitment to supporting Iraq’s energy infrastructure development.

Under the letter of award, KBR will provide multi-discipline detailed engineering design from its global engineering centers, enabling ENKA’s execution of the engineering, procurement, supply, construction, and commissioning (EPSCC) scope for the central processing facility. The aim of the AGUP2 project, due to start in 2028, is to process oil and associated gas from the Ratawi oil field to increase production capacity to 210,000 barrels per day of oil and 154 million standard cubic feet per day of gas while striving to eliminate routine flaring and contributing to Iraq’s energy transition to low-carbon.

“KBR has been a trusted service provider in Iraq for more than four decades. This project represents a strategic milestone for Iraq’s energy future as it will combine gas recovery, power generation, oil field redevelopment, and renewable energy investment to support Iraq’s goal of becoming self-sufficient in energy production with improved environmental performance,” said Jay Ibrahim, President, KBR Sustainable Technology Solutions. “We are proud to continue supporting TotalEnergies and ENKA to drive sustainable growth and reliable energy for Iraq.”

KBR’s experience in gas processing, carbon reduction, and energy transition technologies positions the company as a key contributor to Iraq’s broader decarbonization goals and TotalEnergies’ integrated approach to responsible energy production.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 37,000 people performing diverse, complex and mission-critical roles in 29 countries.

KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com  

About Gas Growth Integrated Project

The GGIP is designed to enhance the development of Iraq’s natural resources to improve the country’s electricity supply. This four-in-one multi-energy project comprises the recovery of gas that is currently flared at three oil fields in southern Iraq to supply electric power plants and to support the redevelopment of the Ratawi oil field, the construction of a 1 GWac (1.25GWp) solar farm, and a seawater treatment plant.

Forward Looking Statements

The statements in this press release that are not historical statements, including statements regarding the goals of the AGUP2 project, future project outcomes and the company’s potential role in future developments, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company’s control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

For further information, please contact:

Investors
Jamie DuBray
Vice President, Investor Relations
713-753-5082
Investors@kbr.com

Media
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
MediaRelations@kbr.com


FAQ

What work did KBR win for AGUP2 in Iraq (NYSE:KBR)?

KBR won a letter of award to provide multi-discipline detailed engineering design for the AGUP2 central processing facility.

When is the AGUP2 project in Basra scheduled to start and what are its capacity targets?

AGUP2 is due to start in 2028 and targets 210,000 barrels/day oil and 154 million scf/day gas processing capacity.

Who are the project operators and partners for the Gas Growth Integrated Project?

The GGIP is operated by TotalEnergies alongside partners BOC and Qatar Energy with ENKA as contractor and KBR as engineering provider.

How does AGUP2 address environmental performance and flaring?

The project aims to eliminate routine flaring and contribute to Iraq’s transition to lower-carbon energy production.

How does this award relate to KBR’s prior work on the development?

KBR previously delivered the FEED for the same development and was selected to continue with detailed engineering design.

What role will KBR play in ENKA’s EPSCC scope for the central processing facility?

KBR will provide detailed engineering design from its global centers to enable ENKA’s engineering, procurement, supply, construction, and commissioning execution.
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