CB&I Awarded Sphere Storage Contract By Petrofac

abarrelfullabarrelfull wrote on 11 Jul 2014 08:59
Tags: cbi engineering m-east petrofac refinery saudi-arabia

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CB&I (NYSE: CBI) announced today that it has been awarded a contract valued in excess of $60 million by Petrofac Saudi Arabia Co. Ltd. The project scope includes the engineering, procurement and construction of product storage spheres at Jizan Refinery Project a grassroots refinery being constructed in Saudi Arabia.

"We currently are constructing crude oil storage tanks for Petrofac at the same project site," said Luke Scorsone, President of CB&I's Fabrication Services operating group. "This new sphere award builds on CB&I's service offerings for our client and the operational excellence we have demonstrated in Saudi Arabia since the 1930s."

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