CB&I Awarded Storage Tank Contract in the Middle East

CB&I has been awarded a contract valued in excess of US$70 million by Daewoo Engineering and Construction Co., Ltd. to provide the propylene storage tanks for the Ruwais Refinery expansion project in Abu Dhabi. Takreer, the Abu Dhabi Refining Company, is expanding the refinery to add 400,000 barrels per day capacity. CB&I's scope of the project is expected 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 17,000 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 30/06/2010
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