Latest ruling puts KBR closer to $500M pay-out

Tuesday, 15 November 2016

KBR Inc., the US energy and LNG engineering company, said that in a decision involving a subsidiary, the United States Second Circuit Court of Appeals denied Petroleos Mexicanos (Pemex), Mexico's national oil and gas company, a petition for the rehearing of a judgment in favour of KBR amounting to more than $465 million.

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