Market Overview

CB&I Awarded $175M Contract for Gas Processing Project in Denmark

CB&I
(NYSE: CBI) announced today that it has been awarded a contract in
excess of US$175 million by DONG Oil Pipe A/S for the engineering,
procurement and construction services of the DO Hejre Crude
Stabilization Project at the DONG Oil Pipe Oil Terminal in Fredericia,
Denmark. This is a fourth quarter 2012 award.

“This project builds on the work we have done in Denmark with the
engineering and construction of the DONG Oil Pipe Oil Terminal in 1984,
and we are pleased to return and provide our services for this important
oil and natural gas project,” said Philip K. Asherman, President and CEO.

The scope of CB&I's current project includes a crude oil

See full press release

Posted-In: News Guidance Contracts Management Global

 

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