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KBR wins refinery services contract

By Associated Press

July 7, 2008

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Military contractor and construction and engineering firm KBR Inc. said Monday a majority-owned subsidiary won an oil refinery services contract in Norway for an undisclosed amount.

The company will work on revamping a processing unit at StatoilHydro's Mongstad Refinery, near Bergen, Norway. KBR will work to automate processes in the unit and will start during a planned shutdown in 2009. It is expected to finish in the middle of 2010.

Shares of KBR fell 64 cents, or 2 percent, to close at $31.21. The stock has traded between $24 and $45.24 over the last 52 weeks.

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DocumentId: 679739, ~/articles/articlehandler.aspx, 10/13/2008 4:08:47 PM,

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