CB&I Awarded Contract by Viva Energy for its Newport Terminal Tank Replacement Project

CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a sizeable* lump sum contract by Viva Energy for engineering, procurement and construction (EPC) of two 10ML diesel tanks and associated civil, structural, mechanical and piping works for its diesel tank replacement project, located in Newport, Melbourne, Australia.

Under the contract, CB&I will deliver the diesel tank replacement, including all piping and civil infrastructure. Project delivery will be led from CB&I's Brisbane office, with CB&I's Thailand office providing engineering and fabrication support.

"CB&I continues to show its strength in the region with this latest project award," said Mark Butts, Senior Vice President of CB&I. "It is just one of several projects we have been selected to deliver for Viva Energy over the years. CB&I's proven history of delivering projects in Australia with a focus on the highest quality and safety standards were differentiators between us and our competitors."

CB&I's construction activities commence in the third quarter of 2024 with project completion targeted in late 2025.

*CB&I defines a sizeable contract as between USD $10 million and $50 million.