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KBR Selected to Construct Shale Gas Processing Facility

Houston, Texas — May 3, 2012 — KBR (NYSE:KBR) today announced it was awarded a general works contract for the construction of a 200 million standard cubic feet per day (SCFD) sweet natural gas processing plant near Fort St. John, British Columbia, Canada.

KBR’s Canadian subsidiary, KBR Wabi, will execute all mechanical, structural, architectural, concrete (structural and other), electrical and instrument works for the project which will monetize recent shale gas discoveries.

“KBR is fully committed to supporting the client’s objectives for the project and drawing upon our skilled resources in the region, and we are prepared to construct a safe and fully operational natural gas processing plant,” said Karl Roberts, Senior Vice President, KBR Canada. “This award also builds upon our portfolio of solid construction execution, positioning KBR Canada to capitalize on the rapidly increasing shale gas market in British Columbia.”

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SNC-LAVALIN awarded Contract to provide EPC to ALTALINK

SNC-Lavalin (TSX: SNC) is pleased to announce that, following an open and competitive process, it has been awarded a contract by AltaLink L.P. to provide engineering, procurement and construction (EPC) for portions of upcoming transmission infrastructure projects in Alberta.

Previous to this award, SNC-Lavalin was providing EPC services to AltaLink under a Master Services Agreement which was to expire on May 2, 2012. In May, 2011, AltaLink L.P. initiated a competitive process for a new contract. SNC-Lavalin was awarded a portion of the new contract following a successful Request For Proposal submission. An independent fairness advisor oversaw the process and reports that it was fair to all participants.

“We are proud to have successfully competed for this new contract,” said Patrick Lamarre, Executive Vice-President, SNC-Lavalin Group Inc., “and we are pleased to have been able to demonstrate value for money through our proposal. This further demonstrates that we have a competitive value proposition for all of our transmission and distribution clients and further strengthens our track record of delivery.”

The contract is to deliver EPC for transmission lines and substations over a five-year period based on project need assessments and permitting.

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Fluor Named North America Engineering Partner for BASF

Fluor Corporation (NYSE: FLR) recently announced  that Germany-based BASF has chosen the company as its engineering partner for chemicals capital projects across North America. BASF has awarded Fluor an umbrella services agreement for an undisclosed contract value.

Services provided on projects covered by the agreement will include conceptual and front-end engineering and design (FEED), detailed engineering, procurement, project management and construction management services. Fluor was selected by BASF in mid-2011 as its engineering partner in Asia and Europe. Fluor currently has multiple projects active under the partnering agreements including the FEED phase for BASF’s TDI (toluene diisocyanate) project in Ludwigshafen, Germany.

“BASF is a valued and important long-term Fluor client for which we have performed significant projects across the globe for decades,” said Peter Oosterveer, president for Fluor’s Energy & Chemicals Group. “Coupled with our previous Asia and Europe partnering agreements and projects with BASF, this new North America partnership makes Fluor a truly global partner that will allow us to leverage our U.S. and global resource talent pool to effectively align with BASF’s growing global capital investment needs.”

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Technip awarded a key engineering contract for Mad Dog Phase 2 in the Gulf of Mexico

Technip has been awarded a front end engineering design (FEED) contract by BP Exploration & Production Inc. This contract covers the design of a Spar* hull and mooring systems for the Mad Dog Phase 2 Project, located near Green Canyon Block 825 in the Gulf of Mexico.

This first award comes under the framework of the 10-year Spar platform master services agreement signed in 2011. The Mad Dog Phase 2 Spar will be located near the first Mad Dog Spar delivered by Technip for BP in 2004, and installed on Green Canyon 782. Detailed engineering for the new Spar is scheduled to start during the second half of 2012.

Technip’s operating center in Houston, Texas, will execute the contract with support from the center in Pori, Finland.

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KBR to Provide Additional Ethylene Furnace for INEOS Olefins Complex in Alvin, Texas

Houston, Texas — April 9, 2012 — KBR (NYSE:KBR) announced today it will design and construct an ethylene furnace for INEOS Olefins & Polymers USA (INEOS) that upon commissioning will provide the highest achievable ethylene yields in the industry. The executed agreements with INEOS include provision of a technology license, engineering, procurement, supply of equipment and materials, and construction of the furnace.

The furnace design will add 465 million pounds per year of furnace production capacity to the INEOS Chocolate Bayou Works Olefins Complex in Alvin, Texas.

This furnace will use KBR's high-performance Selective Cracking and Optimum Recovery (SCORE™) ethylene technology and process NGL feedstocks. The furnace will also include KBR’s latest generation Ultra Low NOx burner technology and a Selective Catalytic Reduction (SCR) bed to reduce emissions of nitrous oxides.

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