Wison Engineering Awarded Contract for Refinery Debottlenecking Project in Saudi Arabia

Wison Engineering Services Co. Ltd. (Stock code: 2236.HK, "Wison Engineering"), a global leading engineering, procurement and construction (EPC) service provider, is pleased to announce today it has been appointed by KBR, Inc. (NYSE: KBR) as their strategic subcontractor on the debottlenecking of Train 2 of SATORP's (a joint venture between Saudi Aramco and Total) existing refinery in Jubail, Kingdom of Saudi Arabia (KSA).

KBR, Inc. (NYSE: KBR) have been appointed by SATORP as the main contractor for the Project. The debottlenecking project is expected to increase the original refinery's nameplate capacity by 15% once completed in August 2020.

"We have been impressed with Wison's experience in executing similar sized debottlenecking projects in KSA, which have all been completed ahead of schedule and safely with zero lost time incidents," said Jay Ibrahim, KBR President of Global Energy Services.

Ms. RONG Wei, CEO of Wison Engineering, said that the signing of the contract for the Project demonstrated the recognition by KBR for Wison Engineering's delivery track record in KSA. It is also an important achievement for Wison Engineering following years of efforts in KSA. "Based on our rich successful experience of projects that Wison has delivered, we will spare no effort to provide premier services to build the Project and strengthen the bond of trust with our clients in order to create more economic value for them."

With over 90 years of industry experience in the global energy sector, KBR is recognized as a global leader in providing a wide range of services from stand-alone refining studies to front end engineering design, project management, EPC turnkey solutions and fully outsourced maintenance solutions.

Wison Engineering was established in 1997 and listed in Hong Kong in 2012. Headquartered in both Shanghai and Hong Kong, it specializes in providing diversified solutions covering entire project lifecycle, including technology selection, project planning and consultation, project financing, EPC, commissioning and start-up, in the fields of petrochemical, coal chemical, oil refining, natural gas chemical, oilfield ground services, LNG and power generation.