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KBR and Petro Rabigh Announce Strategic 10-Year General Maintenance Services Contract for Polymer Plants in Saudi Arabia
Globenewswire· 2026-02-18 11:00
Core Insights - KBR and Petro Rabigh have entered into a strategic 10-year maintenance services contract, with an optional two-year extension, for the Polymer I and II plants in Saudi Arabia [1][3] Group 1: Contract Details - The agreement involves KBR, through its local joint venture KBR Al Yusr, providing a digitally-enabled maintenance program that includes preventive, predictive, corrective, and cycled shutdowns maintenance services [2] - The maintenance program will utilize KBR's AI/ML-driven digital accelerators and reliability frameworks to enhance asset reliability, improve availability, strengthen safety performance, and optimize operational expenditures (OPEX) sustainably [2] Group 2: Strategic Importance - This collaboration marks a significant milestone in Petro Rabigh's business transformation, being the company's first large-scale outsourcing of maintenance services [3] - The program aims to support a structured change-management journey while focusing on safety, risk mitigation, and long-term operational excellence [3] Group 3: Leadership Statements - Othman Al Ghamdi, President and CEO of Petro Rabigh, emphasized that the transition to outsourcing maintenance is crucial for their transformation agenda, prioritizing safety, reliability, risk management, and cost efficiency [4] - Jay Ibrahim, KBR President of Sustainable Technology Solutions, highlighted the combination of KBR's global maintenance expertise with Petro Rabigh's operational leadership to enhance safety and reliability while delivering measurable value [4]