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CB&I Awarded Gorgon LNG Tank Contract

CB&ampI CB&I has been awarded a contract valued at approximately US$550 million by Chevron Australia Pty Ltd for the LNG and condensate storage tanks at the Gorgon LNG liquefaction project on Barrow Island in Australia.

CB&I's scope of work includes the engineering, procurement, fabrication and construction of two 180,000 cubic meter full containment LNG tanks, four condensate tanks and the associated piping, electrical, instrumentation and civil works. CB&I's portion of the project is scheduled to be completed in the third quarter of 2013.

"This award, our fourth major LNG project in Australia in the past few years, demonstrates our technical expertise and proven experience in the LNG industry, and capitalizes on CB&I's 75 year history in Australia," said Philip K. Asherman, President and CEO.

The Gorgon Project is a joint venture between the Australian subsidiaries of Chevron (Operator), ExxonMobil and Shell, to develop the Greater Gorgon gas fields, located between 130km and 200km off the northwest coast of Western Australia. The Greater Gorgon gas fields, Australia's largest-known gas resource, contains about 40 trillion cubic feet of gas.

Posted 30/09/09

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