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home / articles / OIL - KBR Awarded Project Management Contract for Sonangol's New Lobito Refinery Project | Benzinga


OIL - KBR Awarded Project Management Contract for Sonangol's New Lobito Refinery Project | Benzinga

HOUSTON, March 14, 2024 /PRNewswire/ -- KBR (NYSE:KBR) announced today it has been awarded a project management contract by Sonangol for the design and construction of a new 200,000bpd refinery in Lobito, Angola. 



Under the terms of the contract, KBR will provide services encompassing the project management of engineering, procurement and construction phase execution. The Lobito Refinery Project is one of the most significant energy infrastructure projects in the region and will contribute to Angola's energy independence. The project will also contribute to significant job creation and economic development of this region. Upon completing the ...

Full story available on Benzinga.com

Stock Information

Company Name: iPath Series B S&P GSCI Crude Oil
Stock Symbol: OIL
Market: NYSE

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