CB&I Awarded LNG Storage Tank Contract
CB&I announced today that it has been awarded a contract, valued in excess of US$190 million, for two LNG storage tanks associated with a major liquefaction project in the Asia Pacific region. CB&I's scope of work includes the engineering, procurement, fabrication and construction of two 160,000 cubic meter LNG storage tanks. This project, which was awarded in the 3rd quarter, is scheduled to be completed in 2013.
CB&I (NYSE:CBI) designs, engineers and constructs some of the world's largest energy infrastructure projects, providing a full spectrum of EPC solutions and proven process technologies. Drawing upon more than a century of experience and the expertise of approximately 16,000 employees worldwide, CB&I safely and reliably executes more than 600 projects a year through its three business sectors: CB&I Lummus builds upstream and downstream oil & gas projects, LNG liquefaction and regasification terminals, and a wide range of other energy related projects; CB&I Steel Plate Structures designs, fabricates and constructs storage tanks and containment vessels and their associated systems for the oil & gas, water & wastewater, mining and nuclear industries; Lummus Technology capitalizes on more than 1,500 patents and patent applications to provide process technologies, catalysts and specialty equipment for petrochemical facilities, oil refineries and gas processing plants.
Published 27/07/2010
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