KBR Secured A Five-year Asset Condition Monitoring Program Contract From Rabigh Refining & Petrochemical Company To Deploy Predictive Maintenance Services At Its Plant In Rabigh, Saudi Arabia
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KBR has been awarded a five-year contract by Rabigh Refining & Petrochemical Company for deploying predictive maintenance services at its plant in Rabigh, Saudi Arabia, focusing on asset condition monitoring.
March 28, 2024 | 10:19 am
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KBR has secured a significant five-year contract to provide predictive maintenance services, which could enhance its revenue stream and market position in asset management.
The contract signifies a strategic expansion for KBR in the Middle East, potentially boosting its revenue and strengthening its position in the predictive maintenance market. Given the duration and nature of the contract, it's likely to have a positive impact on KBR's financials and investor perception in the short term.
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