CB&I

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CB&I reports 2014 third quarter results

CB&I (NYSE: CBI) reporte adjusted net income for the third quarter of $164.7 million, or $1.51 per diluted share, excluding integration related costs of $2.8 million, or $0.03 per diluted share, up 35 percent from the third quarter 2013. In the quarter GAAP net income was $161.8 million, or $1.48 pe... Friday, October 24, 2014

CB&I announces gasification technology award in China

CB&I (NYSE: CBI) announce it has been awarded a contract by Shandong Sincier Petrochemical Co., Ltd. for the license and engineering design of a gasification unit to be built near Dongying, Shandong Province, China. The unit will utilize CB&I's proprietary E-GasPlus technology for a three-train... Tuesday, October 14, 2014

CB&I announces technology award in the Kingdom of Bahrain

CB&I (NYSE: CBI) announced Chevron Lummus Global, a joint venture between CB&I and Chevron, has been awarded a contract in excess of $100 million by Bahrain Petroleum Co. (Bapco). The scope of work includes the license of its LC-FINING and ISOCRACKING® technologies and engineering design package... Thursday, October 9, 2014

CB&I awarded contract to overhaul oil storage tanks in UAE

CB&I (NYSE: CBI) announced it has signed a contract for nearly $90 million with Abu Dhabi Marine Operating Co. (ADMA-OPCO) to conduct a major overhaul of five crude oil storage tanks on Das Island, the site of ADMA-OPCO's main industrial base in the United Arab Emirates. "CB&I's compre... Tuesday, October 7, 2014


CB&I announces ethylene heater award for PETRONAS' RAPID project in Malaysia

CB&I (NYSE: CBI) announced today it has been awarded a contract valued in excess of $200 million by Toyo Engineering Corp. for the engineering and supply of ethylene heaters for PETRONAS' Refinery and Petrochemicals Integrated Development (RAPID) project in Pengerang, Johor, Malaysia. The plant... Friday, October 3, 2014

CB&I awarded FEED contract for gas field development in Algeria

CB&I (NYSE: CBI) announce it has been awarded a contract by Groupement Isarene, a joint venture between Sonatrach, Petroceltic International plc and Enel Trade S.p.A, to provide front end engineering and design (FEED) services for the Ain Tsila gas field development located in onshore Algeria. CB&I... Thursday, September 25, 2014

CB&I announces technology award in Poland

CB&I (NYSE: CBI) announced today it has been awarded a contract by Polski Koncern Naftowy Orlen S.A. (PKN) for the license and engineering design of a new on-purpose propylene production unit to be located in Plock, Poland. The unit will use CB&I's proprietary Olefins Conversion Technology (OCT... Thursday, August 21, 2014

CB&I announces contract for LNG export facility

CB&I (NYSE: CBI) together with its partner, Chiyoda Corporation (Chiyoda), announced today it has been awarded a front end engineering design (FEED) services contract for a proposed LNG export project by Golden Pass Products, LLC (GPP). GPP is a joint venture between affiliates of Qatar Petroleum In... Thursday, July 31, 2014

CB&I awarded additional technology contracts in Oman

CB&I (NYSE: CBI) announced it has been awarded additional contracts by Oman Oil Refineries and Petroleum Industries Company (Orpic) for the Liwa Plastics Project in the Sultanate of Oman. CB&I's scope of work includes the license and engineering design of three units in addition to the previousl... Wednesday, July 16, 2014

CB&I awarded sphere storage contract by Petrofac

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 a grassroots refinery being constructed in Saudi Arabia. &quo... Monday, July 7, 2014

CB&I announces retirement of Lasse Petterson

CB&I (NYSE: CBI) announced Lasse Petterson, who announced his retirement in December 2013 as Executive Vice President and Chief Operating Officer, has fulfilled his remaining obligations to the Company effective June 5, 2014. The Company would like to thank Lasse for his contributions during his nea... Friday, July 4, 2014

CB&I awarded Front-End Engineering and Design contract for the development of the Goldboro LNG project

CB&I (NYSE: CBI) announced it has been awarded a contract by Pieridae Energy (Canada) Ltd (Pieridae) for the Front-End Engineering and Design (FEED) of the Goldboro LNG project located at the Goldboro Industrial Park in Guysborough County, Nova Scotia, Canada. Under the FEED contract, CB&I will desi... Wednesday, June 4, 2014

CB&I reports 2014 first quarter results

CB&I (NYSE: CBI) reported adjusted net income for the first quarter of $94.4 million, or $0.87 per diluted share, excluding integration related costs of $8.1 million, or $0.05 per diluted share. First quarter GAAP net income was $89.0 million, or $0.82 per diluted share. Revenue for the first quarte... Thursday, April 24, 2014

CB&I awarded contract for the South Caucasus Pipeline Expansion project

CB&I (NYSE: CBI) today announced it has been awarded a contract valued in excess of $85 million by a consortium led by BP for engineering and project management services for the development of the South Caucasus Pipeline Expansion (SCPX) project, part of the Stage 2 development of the Shah Deniz fie... Tuesday, April 15, 2014

CB&I announces CATOFIN technology award in China

CB&I (NYSE: CBI) announced it has been awarded a contract by Shandong Sincier Petrochemical Co., Ltd. for the license and engineering design of a grassroots propane and butane dehydrogenation unit to be built in Dongying, Shandong Province, China. The unit will use the CATOFIN® dehydrogenation ... Tuesday, March 25, 2014

CB&I announces LNG award in Australia

CB&I (NYSE: CBI) announced it has been awarded a contract by Bechtel valued in excess of US$625 million (approximately A$690 million) to provide structural, mechanical and piping construction work for all outside battery limits modules and associated units for the Chevron-operated Wheatstone Project... Tuesday, March 18, 2014

CB&I and Chiyoda awarded contract for LNG liquefaction and export facilities

CB&I (NYSE: CBI) and Chiyoda Corporation (TSE: 6366; ISIN: JP3528600004) announced the joint venture between CB&I and Chiyoda International Corporation, a U.S. based wholly-owned subsidiary of Chiyoda, has been awarded a contract valued at approximately $6 billion by Cameron LNG, LLC (Cameron) to co... Tuesday, March 18, 2014
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