U.S. watchdog cites KBR, U.S. and Iraq governments for poor south oil reconstruction
Plus: *Obama and Iraq *More Iraq oil news *Oil, Transport and Port workers meet for "Well-to-Wheel" in Amman *Pentagon Report: Iraqis lack basic services, fueling discontent *Basra and the ballot * War News Radio: On the Move, Iraq’s displaced families *Iraq Press Roundup * Alive in Baghdad: Ashura, A Sign of the Times A new […]A new audit of a $1.2 billion contract for reconstruction in Iraq's southern oil sector split the blame for cost overruns and underperformance between the main contractor, Kellogg Brown & Root, and the U.S. and Iraqi governments, Ben Lando reports for United Press International.
Kellogg Brown & Root, a subsidiary of Halliburton until April 2007 and now an independent firm known as KBR, was awarded the vaguely worded contract in January 2004. Nearly completed now, the audit said the work totaled just $722.3 million, 78 percent of it from U.S. taxpayers.
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