KBR Inc. Outlines Future-Focused Master Planning for Middle East Refineries, Emphasizing Strategic Direction, Asset Assessment, and Value Extraction Opportunities

Reuters
Jan 27
KBR Inc. Outlines Future-Focused Master Planning for Middle East Refineries, Emphasizing Strategic Direction, Asset Assessment, and Value Extraction Opportunities

KBR Inc. has announced a strategic approach to master planning for Middle East refineries, focusing on helping operators navigate shifting global demand, environmental regulations, and the transition toward clean energy. The strategy emphasizes the development of competency frameworks and transition plans to facilitate execution. Key actions include clarifying the long-term strategic direction of assets—such as life extension, repurposing for hydrogen or biofuels, or preparing for decommissioning—and conducting comprehensive asset assessments through data collection, inspections, and risk-based evaluations. The planning process aims to optimize revenue, ensure regulatory readiness, and identify value extraction opportunities without major capital expenditure. KBR highlights the importance of aligning investment decisions with turnaround cycles to maximize operational improvements and margin capture.

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