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| CB&I wins Middle East projects CB&I (Chicago Bridge & Iron Company N.V.) has been awarded two new contracts in the Middle East that will add approximately $130 million to the company's second quarter backlog. CB&I has been awarded a contract by Yemen LNG Company Ltd to design and fabricate a natural gas processing plant that will supply approximately 400 million standard cubic feet per day to the nearby Yemen LNG export terminal. CB&I's contract has a value of approximately $70 million. CB&I also has been awarded a lump-sum turnkey contract, valued at approximately $60 million, to construct oil, water and fuel storage tanks as part of a new power and water plant project in the Kingdom of Saudi Arabia. The work scope includes the engineering, procurement, fabrication and construction of three 110,000 cubic meter crude oil storage tanks, three 146,000 cubic meter potable water storage tanks and a fuel storage tank. write your comments about the article :: © 2007 Construction News :: home page |