Chicago Bridge & Iron Company N.V. : CB&I Announces Contract in Australia
07/23/2012| 07:05am US/Eastern
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CB&I
(NYSE: CBI) announced today that is has been awarded a contract, valued
in excess of USD$225 million, by AGL Energy Limited (AGL) for the
engineering, procurement, construction and commissioning work on the
Newcastle Gas Storage Facility Project (NGSF) at Tomago in New South
Wales, Australia.
CB&I was contracted in 2010 by AGL to begin front-end engineering and
design execution planning on the project.
"We are pleased to continue our relationship with AGL on this project,"
said Philip K. Asherman, President and CEO. "This contract builds on our
extensive work history in Australia where we have a proven track record
for outstanding project execution and superior safety performance."
CB&I's scope of work will include all the civil, structural, mechanical,
piping, electrical, instrumentation and commissioning support for the
construction of a LNG storage tank, gas pretreatment, the liquefaction,
the vaporization and the associated utilities. Project completion is
scheduled for 2015.
About CB&I
CB&I
(NYSE: CBI) engineers and constructs some of the world's largest energy
infrastructure projects. With premier process
technology, proven EPC
expertise, and unrivaled storage
tank experience, CB&I executes projects from concept to completion.
Safely. Reliably. Globally. For more information, visit www.CBI.com.
CB&I
Media: www.CBI.com
Investors:
Christi Thoms, +1 832 513 1200
© Business Wire 2012
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