KBR Signs Contract to Design Lobito Refinery in Angola

KBR (Kellogg, Brown & Root) is to draw up a blueprint for the Lobito refinery, a Sonaref project, under the terms of an agreement signed in Luanda with state oil company Sonangol. Under the terms of the agreement, KBR shall also have the right to choose the companies that will build the Lobito refinery, which is estimated to cost around US$6.4 billion.



At the end of the meeting, the director of the Sonaref project, Nelson Santana, noted that KBR was merely an institution contracted by concessionaire Sonangol to design the refinery and was not a partner in the cost of building the project. "The Sonaref project belongs only to Sonangol,” Santana told journalists...more...