Borsat Al Khaleej Live Support
Leave a message and our representative will contact you soon
19/02/2026 07:10 AST
KBR and Rabigh Refining & Petrochemical Company (Petro Rabigh) on Wednesday announced a strategic 10-year general maintenance services contract, with an optional two-year extension, covering Petro Rabigh Polymer I and Polymer II plants at Rabigh in Saudi Arabia.
Under the agreement, KBR, through its local joint venture subsidiary KBR Al Yusr, will deliver a comprehensive, digitally-enabled maintenance program encompassing preventive, predictive, corrective, and cycled shutdowns maintenance services.
The scope will be supported by KBR's AI/ML-driven digital accelerators and reliability frameworks, designed to enhance asset reliability, improve availability, strengthen safety performance, and drive sustainable OPEX optimisation.
This collaboration represents a significant milestone in Petro Rabigh's ongoing business transformation, marking the company's first large-scale outsourcing of maintenance services. The programme is intended to support a structured change-management journey while maintaining a strong focus on safety, risk mitigation, and long-term operational excellence. Together, the companies aim to achieve top-quartile plant performance while embedding continuous improvement across maintenance and reliability practices.
"This transition is a critical enabler of Petro Rabigh's transformation agenda," said Othman Al Ghamdi, President and Chief Executive Officer of Petro Rabigh. "As we take this important step toward outsourcing maintenance for the first time, our priorities are clear-safety, reliability, risk management, and cost efficiency. KBR's global expertise, local execution capability, and digitally-enabled approach give us confidence that this transition will strengthen plant performance while supporting our long-term business objectives."
"This collaboration brings together KBR's global maintenance and reliability expertise with Petro Rabigh's operational leadership and transformation vision," said Jay Ibrahim, KBR President, Sustainable Technology Solutions. "By combining industry talent, proven methodologies, and advanced digital technologies, we are committed to enhancing safety, improving reliability, and delivering measurable value across Petro Rabigh's polymer assets."
Trade Arabia
25/08/2026
Rabigh Refining and Petrochemical Company (Petro Rabigh) has appointed Eng Hassan bin Hamad Al Yami as its new President and Chief Executive Officer, following the resignation of Eng Othman bin Ali A
Trade Arabia
27/04/2026
Rabigh Refining and Petrochemical Company (Petro Rabigh) said on Sunday it has cut its accumulated losses to 14.77% of share capital, dropping below a key regulatory threshold after a capital reducti
Trade Arabia
13/02/2026
Petro Rabigh, a joint venture between Saudi oil giant Aramco and Sumitomo Chemical, has signed up KBR, a leading technology and engineering solutions company, to provide maintenance services for it
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SAUDIARAMCO | 25.68 | -0.22 (-0.85 |
| ADNOCGAS | 3.25 | -0.02 (-0.62 |
| ADNOCDRILL | 5.68 | 0.01 (0.17 |
| ADNOCDIST | 4.03 | 0.00 (0.00 |
| BAHRI | 35.42 | 0.36 (1.02 |
21/09/2026
APM Terminals Bahrain, operator of Khalifa Bin Salman Port, has welcomed its inaugural cohort of Bahraini students and fresh graduates under its newly launched MARSA Internship Programme.
Th
GDN Online
21/09/2026
In line with its commitment to environmental sustainability and community engagement, Gulf Bank organized a beach cleanup campaign at Blajat Beach in collaboration with the Touristic Enterprises Comp
Kuwait Times
21/09/2026
AlRayan Investment (ARI) has announced the successful completion of the landmark rights issue of Baladna, one of the largest capital increases on the Qatar Stock Exchange (QSE) in the last few years.
Gulf Times
21/09/2026
OQ, Oman's global energy investment group, has signed two memoranda of cooperation to explore opportunities for collaboration across a range of energy and industrial sectors, strengthening economic a
Gulfnews
21/09/2026
talabat, MENA's leading everyday app, has appointed Selin Suzer as Chief Marketing Officer.
Suzer joins talabat from within the Delivery Hero group, where she was serving as Chief Marketing
Trade Arabia