KBR Awarded Project Management Services Contract for Australia's Largest Undeveloped Copper Project
Summary
KBR had previously been supporting OZ Minerals to finalize its early contractor involvement strategy and associated feasibility study activities. "We are excited to be working with OZ Minerals on the Carrapateena mine development to progress Australias largest undeveloped copper project," said Greg Conlon, President Asia Pacific. Expected revenue from the contract will be included in KBRs fourth quarter 2017 backlog of unfilled orders for its Engineering & Construction business line. KBR employs over 34,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses: KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations and maintenance services to ensure consistent delivery with predictable results. These risks and uncertainties include, but are not limited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the companys indemnities from its former parent; changes in capital spending by the companys customers; the companys ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the companys ability to control its cost under its contracts; claims negotiations and contract disputes with the companys customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.