KBR Awarded Transformational Oil Development Project in Iraq
KBR, Inc. (KBR)
Last kbr, inc. earnings: 4/28 07:47 pm
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Source: GlobeNewswire
HOUSTON, Feb. 23, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that it has been awarded a major contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) for the gigantic Majnoon Oil Field. Located in southern Iraq, Majnoon is one of the world’s largest oil fields, with estimated reserves of over 38 billion barrels. Under the IFMS contract, KBR will provide comprehensive upstream engineering, project and operations management, and maintenance services to enhance crude production, modernize field facilities, and implement advanced AI and digital technologies to optimize reservoir performance in a safe and sustainable manner. KBR’s scope of services includes subsurface drilling and reservoir engineering to ensure an integrated approach towards the development, operation, and maintenance of this strategic oil asset in Iraq. “This award underscores KBR’s deep and diverse technical capability, including upstream operational services, and dec
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- KBR (NYSE:KBR) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "sell (d+)" rating to a "hold (c-)" rating.MarketBeat
KBR
Earnings
- 10/30/25 - Beat
KBR
Sec Filings
- 2/20/26 - Form 4
- 2/20/26 - Form 4
- 2/20/26 - Form 4
- KBR's page on the SEC website