KBR(KBR) Prnewswire·2024-03-14 10:00Project Overview - KBR has been awarded a project management contract by Sonangol for the design and construction of a new 200,000 barrels per day (bpd) refinery in Lobito, Angola [1] - The project is one of the most significant energy infrastructure projects in the region and will contribute to Angola's energy independence [1] - Upon completion, Angola is expected to have a 200% increase in the capacity to produce fuel products within the country [1] Project Impact - The Lobito Refinery Project will contribute to significant job creation and economic development in the region [1] - The project will be executed with an efficient and sustainably improved approach [1] Partnership and Expertise - This award extends the more than twenty-year long partnership between KBR and Sonangol in the development of essential natural resources in Angola [2] - KBR completed the FEED phase of the project earlier in 2023, providing a cost-competitive design that met Sonangol's business objectives and advanced emission standards [2] - KBR's FEED design meets 2030 African and European Product Specifications, with river water consumption and waste-water treatment requirements reduced by 30% due to innovations in the refinery's cooling system design [2] Strategic Commitment - KBR's win reflects its strategic commitment to offer differentiated technical services that support Angola's sustainable development goals [3] - KBR has a long history of providing holistic and value-added solutions across the entire asset life cycle, with leading experts designing and delivering world-class refinery and petrochemical plants globally [3] Company Background - KBR delivers science, technology, and engineering solutions to governments and companies worldwide, employing approximately 34,000 people across more than 80 countries [4] - The company provides technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results [4]