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KBR shifts sustainability focus with planned spinoff

seeing green

Houston-headquartered KBR will spin off its Mission Technology Solutions business, while "New KBR" will concentrate solely on sustainability technology. Photo via kbr.com

Houston-based KBR, a provider of technology and engineering services for government and private-sector customers, is pursuing a tax-free spinoff of its Mission Technology Solutions business as a public company. Following the spinoff, KBR would remain a public company.

The new company, nicknamed SpinCo, would focus on technology and engineering services for the space and national security sectors. The scaled-down KBR, nicknamed RemainCo, would concentrate solely on sustainability technology and services designed to reduce carbon emissions and support energy transition efforts.

According to the company, RemainCo, or New KBR, will is positioned to serve the ammonia and syngas, chemical and petrochemicals, clean refining, and circular economy markets.

Stuart Bradie, chairman, president and CEO of KBR, said that from July 2024 to July 2025, the Mission Technology Solutions segment generated revenue of $5.8 billion. During the same period, the Sustainability Technology Solutions segment posted revenue of $3.7 billion.

KBR has forecast fiscal year 2025 revenue of $8.1 billion, up from $7.7 billion during the previous fiscal year. The company’s 2026 fiscal year starts in January.

In a news release, KBR said SpinCo and the restructured KBR would “deliver long-term profitable growth and value for customers, associates, and shareholders.”

“Our team has successfully built two leading businesses with the necessary scale and strong financial profile to enable us to take this next exciting step,” Bradie told Wall Street analysts.

Over the past decade, Bradie said, KBR has evolved into “a leading provider of differentiated, innovative, up-market science, technology, and engineering solutions with global scale, global reach, and global impact.” The spinoff would create two public companies that’ll “unlock the next phase of value creation,” he added.

Bradie will be chairman, president, and CEO of the newly configured KBR, while Mark Sopp, KBR’s executive vice president and chief financial officer, will transition to oversight of the Mission Technology Solutions spinoff. Effective Jan. 5, Shad Evans will succeed Sopp as CFO of KBR. He currently is KBR’s senior vice president of financial operations.

Bradie said an executive search firm has been hired to identify candidates for the CEO and CFO roles at SpinCo.

The spinoff is expected to be completed in mid- to late 2026.

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CenterPoint is one of 13 Houston companies on Time's list. Photo via centerpoint.com

7 Houston energy-focused businesses among Time's best midsize companies 2025

new report

Seven Houston-based businesses focused on the energy industry appear on Time magazine and Statista’s new ranking of the country’s best midsize companies.

Time and Statista ranked companies based on employee satisfaction, revenue growth, and transparency about sustainability. All 500 companies on the list have annual revenue from $100 million to $10 billion.

The Houston energy-focused companies on the list are:

  • No. 141 MRC Global. Score: 85.84
  • No. 176 National Oilwell Varco. Score: 84.50
  • No. 266 Nabor Industries. Score: 81.59
  • No. 296 Archrock. Score: 80.17
  • No. 327 Superior Energy Services. Score: 79.38
  • No. 359 CenterPoint Energy. Score: 78.02
  • No. 461 Oceaneering. Score: 73.87
In total, 13 Houston-based businesses appear, with Houston engineering firm KBR topping the Texas businesses that made the list. KBR earned the No. 30 spot, earning a score of 91.53 out of 100. It is joined by these other Houston companies:
  • No. 168 Comfort Systems USA. Score: 84.72
  • No. 175 Crown Castle. Score: 84.51
  • No. 234 Kirby. Score: 82.48
  • No. 332 Insperity. Score: 79.15
  • No. 485 Skyward Specialty Insurance. Score: 73.15

Additional Texas companies on the list include:

  • No. 95 Austin-based Natera. Score: 87.26
  • No. 199 Plano-based Tyler Technologies. Score: 86.49
  • No. 139 McKinney-based Globe Life. Score: 85.88
  • No. 140 Dallas-based Trinity Industries. Score: 85.87
  • No. 149 Southlake-based Sabre. Score: 85.58
  • No. 223 Dallas-based Brinker International. Score: 82.87
  • No. 226 Irving-based Darling Ingredients. Score: 82.86
  • No. 256 Dallas-based Copart. Score: 81.78
  • No. 276 Coppell-based Brink’s. Score: 80.90
  • No. 279 Dallas-based Topgolf. Score: 80.79
  • No. 294 Richardson-based Lennox. Score: 80.22
  • No. 308 Dallas-based Primoris Services. Score: 79.96
  • No. 322 Dallas-based Wingstop Restaurants. Score: 79.49
  • No. 335 Fort Worth-based Omnicell. Score: 78.95
  • No. 337 Plano-based Cinemark. Score: 78.91
  • No. 345 Dallas-based Dave & Buster’s. Score: 78.64
  • No. 349 Dallas-based ATI. Score: 78.44
  • No. 385 Frisco-based Addus HomeCare. Score: 76.86
  • No. 414 New Braunfels-based Rush Enterprises. Score: 75.75
  • No. 431 Dallas-based Comerica Bank. Score: 75.20
  • No. 439 Austin-based Q2 Software. Score: 74.85
  • No. 458 San Antonio-based Frost Bank. Score: 73.94
  • No. 475 Fort Worth-based FirstCash. Score: 73.39
  • No. 498 Irving-based Nexstar Broadcasting Group. Score: 72.71
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This article originally appeared on our sister site, InnovationMap.
Houston-headquartered KBR is working on a new alliance for lithium extraction. Photo via kbr.com

Houston-based KBR taps new partnership for global zero-emission lithium technology

teamwork

A Houston engineering solutions company has teamed up with a company to advance zero-emission lithium extraction technology.

KBR (NYSE: KBR) has signed an alliance agreement with France-based GeoLith SAS to offer its advanced Direct Lithium Extraction (DLE) technology, Li-Capt, which allows for zero-emission lithium extraction from untapped sources like oil well brines and geothermal.

"We are excited to collaborate with GeoLith to pioneer advancements in accessing currently untapped sources of lithium to meet the world's increasing lithium-ion battery demand,” KBR President Jay Ibrahim says in a news release. “This alliance supports the global transition towards electrification and reinforces our commitment to a net-zero carbon future. As a world leader in evaporation and crystallization technologies, KBR is well positioned to provide end-to-end solutions essential to the development of sustainable mobility."

Per the agreement, KBR will serve as the exclusive global licensor of GeoLith's Li-Capt technology. The Li-Capt tech helps produce pure lithium concentrate and is adaptable to brine compositions and extraction sources. KBR already boasts an existing suite of battery material technologies like PureLiSM, which is a high purity lithium production technology. The combination of the two technologies aim to provide clients with solutions to produce battery-grade lithium carbonate or lithium hydroxide monohydrate. Those are key components for advanced batteries in electric vehicles.

“The transition to electrification requires strong partnerships across the value chain, and we are proud to work with KBR to advance and commercialize our technology on a global scale," Jean-Philippe Gibaud, CEO of GeoLith SAS, says in the release. "Our Li-Capt technology ensures zero-emission lithium extraction, enabling the production of lithium concentrates from a process technology that achieves unparalleled levels of extraction efficiency and lithium selectivity."

KBR was recently awarded a contract by First State Hydrogen, which is building an electrolysis-powered green hydrogen production project. The study is part of First State Hydrogen's plan to provide clean energy to Delaware and the U.S. mid-Atlantic region. Additionally, KBR’s K-GreeN technology has been selected by a group of organizations — including Lotte Chemical, KNOC (Korea National Oil Corp), and Samsung Engineering — for the Sarawak, Malaysia-based H2biscus green ammonia project being developed by Lotte Chemical. The K-GreeN is a proprietary green ammonia development process. According to the company, KBR has licensed, engineered, or constructed over 250 ammonia plants since its founding in 1943.

The study is part of First State Hydrogen's plan to provide clean energy to Delaware and the U.S. mid-Atlantic region. Photo via Getty Images

Houston engineering firm tapped as service partner for clean hydrogen production facility

seeing green

A Houston company has scored an engineering services contract on a clean hydrogen production facility in the U.S. mid-Atlantic region.

KBR announced that it has been awarded the contract by First State Hydrogen, which is building an electrolysis-powered green hydrogen production project. The study is part of First State Hydrogen's plan to provide clean energy to Delaware and the U.S. mid-Atlantic region.

"We are excited to be a part of this important project that will contribute toward a cleaner, more sustainable world," KBR Sustainable Technology Solutions President Jay Ibrahim says in a statement. "This award highlights KBR's extensive and innovative clean hydrogen expertise, in providing solutions that matter, and our strategic commitment to the energy transition."

Houston-headquartered KBR has lead the hydrogen market as a technology and service provider.

"This is an important step for First State Hydrogen as we start laying the groundwork for a clean hydrogen facility that will drive our mission to responsibly and safely advance the clean hydrogen economy and create a more sustainable future," Dora Cheatham, vice president of sales and commercialization at First State Hydrogen, says in the release. "We're excited to have the KBR team with us on this journey."

Houston-headquartered KBR's green ammonia tech will be implemented in a project in Malaysia. Photo via kbr.com

KBR zero-carbon ammonia tech tapped for Malaysia project

seeing green

A Houston corporation's green technology has been selected by a chemical consortium of companies for a project in Asia.

KBR (NYSE: KBR), an engineering services company, revealed today that its K-GreeN® technology, a proprietary green ammonia development process, has been tapped by a group of organizations — including Lotte Chemical, KNOC (Korea National Oil Corp), and Samsung Engineering — for the Sarawak, Malaysia-based H2biscus green ammonia project being developed by Lotte Chemical.

"We are pleased to work with Lotte Chemical and support their energy transition objectives with our zero-carbon K-GreeN® technology," Doug Kelly, KBR president, Technology, says in a news release. "KBR is a leader in advancing clean hydrogen technologies and solutions, and green ammonia is a key enabler to achieving global net zero targets. Our green ammonia solutions and complementary technologies such as H2ACT make KBR the preferred technology licensors for major energy transition projects around the world."

Per the agreement, KBR will provide the technology license, as well as the engineering design, for its K-GreeN process. The H2biscus project is expected 800 KTA of green ammonia from hydropower, per the release.

Last summer, KBR Houston-based announced the partnership with Air Liquide on a large-scale low-carbon ammonia partnership that will offer KBR customers a more sustainable option through Autothermal Reforming (ATR) technology.

KBR has licensed, engineered, or constructed over 250 ammonia plants since its founding in 1943, according to the company.

Chevron — as well as nine other Houston energy companies — was named a top company by Newsweek. Photo via chevron.com

10 Houston energy companies recognized as best workplaces on annual list

best of class

Newsweek recently recognized the country's top workplaces, and 10 Houston energy businesses made the cut.

The annual America's Greatest Workplaces 2023 list, which originally published in the fall, gave 10 Houston energy companies four stars or above.

ConocoPhillips is the only Houston-based energy company to receive five out of five stars. Baker Hughes, Exxon, S&B Engineers and Constructors, and KBR all received four-and-a-half stars. Chevron Corp., Halliburton, J-W Power Co., Q'MAX Solutions, and Valerus secured four stars each.

"Our commitment to engaging the full potential of our people to deliver the future of energy is at the core of everything we do," Rhonda Morris, vice president and chief human resources officer at Chevron, says in a news release. "We do this because our business succeeds best when our employees feel engaged and empowered, and we look forward to building on this momentum for years to come.”

The ranking identified the top 1,000 companies in the United States and is based off of a large employer survey, as well as a a sample set of over 61,000 respondents living and working in the U.S. In total, Newsweek factored in 389,000 company reviews across all industry sectors. The report was in partnership with Plant-A.

"In an economic climate where the job market remains competitive despite fears of a recession, employers who stand out as America's Greatest Workplaces may find they have substantial advantages over their competitors," writes Nancy Cooper, editor of Newsweek, about the report.

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Wind and solar supplied over a third of ERCOT power, report shows

power report

Since 2023, wind and solar power have been the fastest-growing sources of electricity for the Electric Reliability Council of Texas (ERCOT) and increasingly are meeting stepped-up demand, according to a new report from the U.S. Energy Information Administration (EIA).

The report says utility-scale solar generated 50 percent more electricity for ERCOT in the first nine months this year compared with the same period in 2024. Meanwhile, electricity generated by wind power rose 4 percent in the first nine months of this year versus the same period in 2024.

Together, wind and solar supplied 36 percent of ERCOT’s electricity in the first nine months of 2025.

Heavier reliance on wind and solar power comes amid greater demand for ERCOT electricity. In the first nine months of 2025, ERCOT recorded the fastest growth in electricity demand (5 percent) among U.S. power grids compared with the same period last year, according to the report.

“ERCOT’s electricity demand is forecast to grow faster than that of any other grid operator in the United States through at least 2026,” the report says.

EIA forecasts demand for ERCOT electricity will climb 14 percent in the first nine months of 2026 compared with the same period this year. This anticipated jump coincides with a number of large data centers and cryptocurrency mining facilities coming online next year.

The ERCOT grid covers about 90 percent of Texas’ electrical load.

Micro-nuclear reactor to launch next year at Texas A&M innovation campus

nuclear pilot

The Texas A&M University System and Last Energy plan to launch a micro-nuclear reactor pilot project next summer at the Texas A&M-RELLIS technology and innovation campus in Bryan.

Washington, D.C.-based Last Energy will build a 5-megawatt reactor that’s a scaled-down version of its 20-megawatt reactor. The micro-reactor initially will aim to demonstrate safety and stability, and test the ability to generate electricity for the grid.

The U.S. Department of Energy (DOE) fast-tracked the project under its New Reactor Pilot Program. The project will mark Last Energy’s first installation of a nuclear reactor in the U.S.

Private funds are paying for the project, which Robert Albritton, chairman of the Texas A&M system’s board of regents, said is “an example of what’s possible when we try to meet the needs of the state and tap into the latest technologies.”

Glenn Hegar, chancellor of the Texas A&M system, said the 5-megawatt reactor is the kind of project the system had in mind when it built the 2,400-acre Texas A&M-RELLIS campus.

The project is “bold, it’s forward-looking, and it brings together private innovation and public research to solve today’s energy challenges,” Hegar said.

As it gears up to build the reactor, Last Energy has secured a land lease at Texas A&M-RELLIS, obtained uranium fuel, and signed an agreement with DOE. Founder and CEO Bret Kugelmass said the project will usher in “the next atomic era.”

In February, John Sharp, chancellor of Texas A&M’s flagship campus, said the university had offered land at Texas A&M-RELLIS to four companies to build small modular nuclear reactors. Power generated by reactors at Texas A&M-RELLIS may someday be supplied to the Electric Reliability Council of Texas (ERCOT) grid.

Also in February, Last Energy announced plans to develop 30 micro-nuclear reactors at a 200-acre site about halfway between Lubbock and Fort Worth.

Rice University partners with Australian co. to boost mineral processing, battery innovation

critical mineral partnership

Rice University and Australian mineral exploration company Locksley Resources have joined together in a research partnership to accelerate the development of antimony processing in the U.S. Antimony is a critical mineral used for defense systems, electronics and battery storage.

Rice and Locksley will work together to develop scalable methods for extracting and utilizing antimony. Currently, the U.S. relies on imports for nearly all refined antimony, according to Rice.

Locksley will fund the research and provide antimony-rich feedstocks and rare earth elements from a project in the Mojave Desert. The research will explore less invasive hydrometallurgical techniques for antimony extraction and explore antimony-based materials for use in batteries and other energy storage applications.

“This strategic collaboration with Rice marks a pivotal step in executing Locksley’s U.S. strategy,” Nathan Lude, chairman of Locksley Resources, said in a news release. “By fast-tracking our research program, we are helping rebuild downstream capacity through materials innovation that the country urgently requires.”

Pulickel Ajayan, the Benjamin M. and Mary Greenwood Anderson Professor of Materials Science and Nanoengineering at Rice, is the principal investigator of the project.

“Developing scalable, domestic pathways for antimony processing is not only a scientific and engineering challenge but also a national strategic priority,” Ajayan said in the news release. “By combining Rice’s expertise in advanced materials with Locksley’s resources, we can address a critical supply chain gap and build collaborations that strengthen U.S. energy resilience.”

The Rice Advanced Materials Institute (RAMI) will play a major role in supporting the advancement of technology and energy-storage applications.

“This partnership aligns with our mission to lead in materials innovations that address national priorities,” Lane Martin, director of RAMI, said in a news release. “By working with Locksley, we are helping to build a robust domestic supply chain for critical materials and support the advancement of next-generation energy technologies.”

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