KBR Awarded Project Management Contract for Australian Power Station

KBR (NYSE: KBR) announced today it has been awarded a project management services contract for construction of the Diamantina Power Station, a 242 MW gas-fired power station in northwest Queensland, Australia. Located about four miles (six kilometers) from the mining community of Mt. Isa, the station will provide power to Xstrata´s MIM copper mine and will be a secure long-term energy supplier to the region.

KBR´s scope of services includes project management, safety, cost, schedule and site construction oversight of the power station´s engineering, procurement and construction contractors. Features of the combined-cycle gas turbine power station include low emissions and a high level of net efficiency for a plant of this nature.

The client, DPS Co., a 50-50 joint venture between APA Group and AGL Energy Limited, predicts a total power station cost of about AU$500 million, with construction to be completed by mid-2014.

KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets. For more information, visit www.kbr.com.