Monday, March 2, 2026

Favorable Court Ruling puts KBR Closer to Recovering $465 Million from 2004 Offshore Platform Build

KBR, Inc. (NYSE: KBR) announced today that the United States Second Circuit Court of Appeals denied PEMEX Exploracion y Produccion’s (PEP) petition for rehearing on a judgment in favor of COMMISA, a subsidiary of KBR, that is in excess of $465 million. This favorable outcome follows a decade of litigation involving two offshore natural gas treatment, processing and reinjection platforms which