KBR announced it has been awarded a five-year contract, with options, to support the Iraqi government's visionary infrastructure and future energy ambitions, including the delivery of megaprojects and sustainable development. Under the terms of the $46 million contract, KBR will provide its differentiated advisory and consultancy capabilities to the Iraqi Government's Ministry of Planning, with a focus on creating an effective program environment to support successful delivery of strategic megaprojects. Focus areas of KBR expertise supporting the ministry, who interface with all ministries and formations in the Iraq government, will include economic planning, strategy development, feasibility studies, technical reviews and large-scale project management.

This contract, which encompasses a comprehensive range of planning and development services, will further elevate the significant role KBR is playing in the development of Iraq's energy sector - working closely with various ministries to identify, design and implement critical projects aimed at enhancing the country's economic and social landscape. KBR's focus on innovation and sustainability will be integral to delivering the ambitious development plans, aligning with Iraq's long-term vision for growth and environmental stewardship. KBR will support delivery from its global locations, in addition to expanding its well-established footprint in country through the creation of an operational office in Iraq and the wider prospect of building an engineering design center to enhance the skills of Iraq engineers.