HOUSTON, May 10, 2021 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced it has been awarded a contract to complete the Front-End Engineering Design (FEED) for BUA Group's new, modern refinery facility in Nigeria.
The award marks the continuation of a strong relationship with BUA Group, a leading agricultural and industrial chemicals conglomerate, after KBR successfully completed the conceptual feasibility study for the project in 2018.
The facility will support fuel production for Nigeria's domestic and regional markets, helping reduce the country's dependence on imported supplies. Elements of the work will include sulphur removal facilities, water treatment facilities to meet high level environmental standards, and heat integration to ensure long standing efficiency of production.
"KBR's Sustainable Technology Solutions business is committed to helping provide and shape sustainable and efficient solutions to its clients globally," said Jay Ibrahim, KBR President – Sustainable Technology Solutions. "This contract outlines our strong position as a market leader in this sector, and we are excited to continue working with BUA in this critical next phase of the project."
Sustainability is fundamental to all of KBR's activities, guiding our approach, and informing our global activities to support our people, our communities and our planet for future generations. We take great pride in our role supporting clients to advance their sustainable technologies, with the goal of ultimately reducing greenhouse gas emissions and our carbon footprint. At KBR, we continually strive to develop new technologies and solutions that benefit our planet.
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 29,000 people worldwide with customers in more than 80 countries and operations in 40 countries.
KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Established in 1988, BUA Group is one of Africa's largest diversified groups operating out of Nigeria with its key interests in foods, mining, manufacturing and infrastructure. Its vision is to unlock opportunities that will drive sustainable development whilst providing value to all stakeholders and the African continent.
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KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.