CB&I Awarded Middle East Storage Contract
CB&I announced today that it has been awarded a contract, valued in excess of US$60 million, by Daewoo Engineering and Construction Co. Ltd. for the construction of several storage tanks for the Ruwais Refinery expansion project in Abu Dhabi. Takreer, a subsidiary of ADNOC, is expanding the refinery to add 400,000 barrels per day capacity.
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 10/11/2010
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