Market Overview

CB&I Awarded $80M Contract in Australia

CB&I
(NYSE: CBI) announced today it has been awarded a contract valued in
excess of US$80 million by JKC Australia LNG Pty Ltd. The scope of work
includes the engineering, procurement, construction and
pre-commissioning for non-cryogenic storage tanks for the Ichthys
Project LNG facilities in Darwin, Northern Territory, Australia.

“We are pleased to continue our relationship with JKC on this project,”
said Luke Scorsone, Executive Vice President and Group President,
Fabrication Services. “This award builds on CB&I's involvement in many
of the major LNG and other oil and gas projects in this region, and we
are well positioned to support the infrastructure development needs of
these important projects.”

See full press release

Posted-In: News Guidance Contracts Asset Sales Management Global

 

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