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Stock impact report

KBR and Petro Rabigh Announce Strategic 10-Year General Maintenance Services Contract for Polymer Plants in Saudi Arabia

KBR, Inc. (KBR) 
Last kbr, inc. earnings: 4/28 07:47 pm Check Earnings Report
US:NYSE Investor Relations: investors.kbr.com
Company Research Source: GlobeNewswire
HOUSTON, Feb. 18, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) and Rabigh Refining & Petrochemical Company (Petro Rabigh) today announced a strategic 10-year general maintenance services contract, with an optional two-year extension, covering Petro Rabigh Polymer I and Polymer II plants at Rabigh in the Kingdom of Saudi Arabia. Under the agreement, KBR, through its local joint venture subsidiary KBR Al Yusr, will deliver a comprehensive, digitally-enabled maintenance program encompassing preventive, predictive, corrective, and cycled shutdowns maintenance services. The scope will be supported by KBR’s AI/ML-driven digital accelerators and reliability frameworks, designed to enhance asset reliability, improve availability, strengthen safety performance, and drive sustainable OPEX optimization. This collaboration represents a significant milestone in Petro Rabigh’s ongoing business transformation, marking the company’s first large-scale outsourcing of maintenance services. The program i Show less Read more
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