CB&I
(NYSE:CBI) 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.
About CB&I
CB&I
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 and catalysts
for petrochemical facilities, oil refineries and gas processing plants.
For more information, visit www.CBI.com
or access technical details at Lummus
Technology Fact Sheets. If you would like to be added to CB&I’s news
release email distribution list, visit www.cbi.com/ir/news.htm.
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