CB&I Wins Award for Gas Processing Project in U.A.E.

Chicago Bridge and Iron Co (CB&I) has been awarded a lump-sum turnkey contract to design and build liquefied petroleum gas (LPG) storage tanks and a pentane tank for a natural gas processing expansion project in Ruwais, Abu Dhabi, United Arab Emirates. The award is valued in excess of US$130 million. CB&I's contract is with Snamprogetti S.p.A., prime EPC contractor for the owner, Abu Dhabi Gas Industries Ltd. (GASCO), which is a subsidiary of Abu Dhabi National Oil Company (ADNOC).

GASCO is expanding its existing facility at Ruwais that processes associated and non-associated gas from onshore oil production into marketable natural gas liquids for export.

CB&I will be responsible for the engineering, procurement, fabrication and construction of four 83,600 cubic meter nominal capacity concrete full containment LPG tanks, including foundations and piping to grade. Two tanks will store propane and two will store butane. Additionally, CB&I will supply a 76,000 cubic meter nominal capacity atmospheric storage tank for Pentane Plus. Completion of the project is scheduled for mid-2008.

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