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January 16, 2009
R1bn engineering-design contract let for proposed Coega refinery
State-owned petroleum company PetroSA has appointed US-based and NYSE-listed engineering firm KBR the engineering contractor for Project Mthombo, the proposed $11-billion, 400 000-bl/d Coega crude oil refinery.
Speaking in Cape Town, PetroSA president and CEO Sipho Mkhize stated that KBR had been contracted to work with PetroSA to provide feasibility and front-end engineer- ing and design (FEED) study services for the project. He also expressed the hope that the final project cost would fall, given a possible shift in power relations between buyers and suppliers as the world economy slowed.
Posted by StaffWriter at January 16, 2009 7:48 AM