CB&I Announces Equipment Supply Award for Afipsky Oil Refinery in Russia
THE WOODLANDS, Texas, July 20, 2015 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has been awarded a contract in excess of $90 million by NefteGazIndustriya, LLC, through project developer MAVEG Industrieausruestungen GmbH, for the Afipsky Oil Refinery. The scope of work includes detailed engineering, procurement, fabrication and supply of a steam methane reformer for a large-scale hydrogen plant, hydrocracking heaters and Breech-Lock® exchangers. CB&I previously announced two awards on the project—the technology license and FEED contract and detailed engineering and procurement services for multiple process units.
"The Afipsky Oil Refinery project is a successful example of CB&I's full scope of capabilities, from licensing, engineering and engineered products," said Luke Scorsone, President of CB&I's Fabrication Services operating group. "This award is a reflection of the customer's confidence in our ability to offer the most complete supply chain solution—showcasing our expertise in fabrication, technology and engineering."
About CB&I
CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world. With 125 years of experience and the expertise of approximately 54,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com.
Important Information For Investors And Shareholders
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements regarding CB&I and represents our expectations and beliefs concerning future events. These forward-looking statements are intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties. When considering any statements that are predictive in nature, depend upon or refer to future events or conditions, or use or contain words, terms, phrases or expressions such as "achieve," "forecast," "plan," "propose," "strategy," "envision," "hope," "will," "continue," "potential," "expect," "believe," "anticipate," "project," "estimate," "predict," "intend," "should," "could," "may," "might" or similar forward-looking statements, we refer you to the cautionary statements concerning risk factors and "Forward-Looking Statements" described under "Risk Factors" in Item 1A of our Annual Report filed on Form 10-K filed with the SEC for the year ended December 31, 2014, and any updates to those risk factors or "Forward-Looking Statements" included in our subsequent Quarterly Reports on Form 10-Q filed with the SEC, which cautionary statements are incorporated herein by reference.
Logo - http://photos.prnewswire.com/prnh/20130430/DA04155LOGO
SOURCE CB&I
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article