KBR secures project management contract for Lobito Refinery in Angola
KBR (NYSE: KBR) has announced securing a project management contract from Sonangol for the design and construction of a new 200,000 barrels per day (bpd) refinery in Lobito, Angola. This project marks a cornerstone in Angola’s stride towards achieving energy independence and positions the Lobito Refinery as one of the most ambitious energy infrastructure endeavors in the region.
Under the contract’s terms, KBR will oversee the engineering, procurement, and construction (EPC) phase execution, integrating its comprehensive project management services. The Lobito Refinery Project is set to significantly bolster Angola’s capacity to produce fuel products by 200%, enhancing the efficiency and sustainability of the nation’s fuel production capabilities.
The collaboration between KBR and Sonangol extends over two decades, signifying a longstanding partnership in developing Angola’s natural resources. KBR’s prior completion of the Front End Engineering Design (FEED) phase in early 2023 laid the groundwork for a cost-effective design meeting Sonangol’s business objectives. This design not only adheres to advanced emission standards but also aligns with KBR’s commitment to environmental stewardship, incorporating innovations in the refinery’s cooling system that reduce river water consumption and wastewater treatment requirements by 30%.
Jay Ibrahim, President of Sustainable Technology Solutions at KBR, expressed enthusiasm about the company’s involvement in the project, emphasizing its significance in supporting Angola’s sustainable development goals. “This win is indicative of KBR’s strategic commitment to offer differentiated technical services that support Angola’s sustainable development goals,” Ibrahim stated.
For over a century, KBR has played a pivotal role in designing and delivering state-of-the-art refinery and petrochemical plants worldwide. The company’s expertise in providing holistic, value-added solutions across the asset life cycle makes it a leader in supporting the global shift towards more environmentally friendly and sustainable energy solutions.
The Lobito Refinery Project not only underscores KBR’s expertise in the field but also highlights Angola’s commitment to sustainable energy production and economic development. This initiative is expected to create significant job opportunities, furthering the economic development of the region and illustrating a model for future energy infrastructure projects worldwide.
The Lobito Refinery Project represents a significant leap forward for Angola, not just in terms of achieving energy independence but also in setting a precedent for sustainable development in the energy sector. KBR’s role in managing this project underscores the importance of integrating advanced technologies and eco-friendly practices in large-scale infrastructure projects. As the world moves towards greener energy solutions, the collaboration between KBR and Sonangol could serve as a blueprint for future projects, balancing industrial development with environmental sustainability.