KBR (NYSE: KBR) has been awarded a $65 million contract by Chevron Products Company (NYSE:CVX)to execute a Base Oil expansion project at Chevron’s refinery in Pascagoula, MS.
The refinery construction project includes building a new lubes hydrocracker and a lube dewaxing / hydrofinishing unit. KBR intends to hire staff locally for the execution of this project. Work is expected to begin in May, and upon completion, the facility is expected to be one of the largest premium base oil plants in the world.
“We are proud to have been selected to execute the delivery of this project, helping Chevron become one of the world's largest producers of premium base oil,” said David Zimmerman, President, KBR Services. “KBR has a long history of executing major construction projects in this region and at this refinery. We look forward to continuing this tradition, using local resources to deliver a project that meets schedule and cost targets while maintaining KBR’s absolute commitment to safety excellence.”
Chevron's Pascagoula Refinery began operations in 1963 and has since grown to be Chevron's largest US refinery and one of the top 10 petroleum refineries in the nation. Chevron's Pascagoula Refinery processes 330,000 barrels of crude oil a day mostly into motor gasoline, jet fuel and diesel fuel.
The $1.4 billion Pascagoula Base Oil Project will add a lubricants manufacturing facility to the Mississippi refinery.