KBR Selected to Execute LNG Pre-FEED Studies in Tanzania, East Africa

Houston, Texas — — KBR (NYSE: KBR) announced today that it was awarded a contract by Statoil Tanzania AS (Statoil) to perform pre-front end engineering and design (pre-FEED) studies for a prospective liquefied natural gas (LNG) facility in Tanzania, East Africa.

The pre-FEED study is designed to help Statoil further assess the viability of developing an LNG facility to export natural gas from this East African region. The project is expected to be completed during 2013.

“We are excited to be selected by Statoil for this important project,” said Mitch Dauzat, president, Gas Monetization. “KBR looks forward to working together with Statoil to define their LNG concept for Tanzania.”

KBR has been working with Statoil for more than 30 years and has an outstanding record for successful project execution, predominantly for Statoil’s Gas Processing plants.

KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets. For more information, visit www.kbr.com.