CB&I Awarded Contract by TJN Ruwais LNG Joint Venture for its LNG Project Located in Abu Dhabi, UAE

THE WOODLANDS, Texas, Jan. 8, 2025 /PRNewswire/ -- CB&I today announced that it has been awarded a substantial* lump sum contract by TJN Ruwais JV for engineering, procurement, and construction (EPC) of two cryogenic tanks and associated civil, structural, mechanical and piping works for its liquefied natural gas (LNG) project, located in Ruwais, Abu Dhabi, UAE. Once complete, the Ruwais LNG project will be the first net zero LNG facility in the Middle East. TJN Ruwais JV is a joint venture between Technip Energies France-Abu Dhabi, JGC Corporation and NMDC Energy.

Under the contract, CB&I will deliver two 180,000m³ full containment concrete LNG tanks, including all piping and civil infrastructure. Project delivery will be led from CB&I's UAE office for tank construction, Plainfield, Ill., USA office for engineering, and CB&I's Saudi Arabia and Thailand offices will provide fabrication and modularization support, respectively.

"CB&I's commitment to the Gulf region for delivery of world-class LNG storage began in 1981 and is shown with this latest project award," said Mark Butts, CEO of CB&I. "Our ability to offer execution certainty by utilizing the global reach uniquely available to CB&I for project delivery, coupled with a balance of cost and quality, allow CB&I to provide the best value product in the market. It also provides us with another opportunity to contribute to the energy transition market."

CB&I's construction activities are expected to commence in November 2025 with project completion targeted in early 2028.

*CB&I defines a substantial contract as between USD $250 million and $500 million. 

About CB&I  
CB&I is the world's leading designer and builder of storage facilities, tanks, and terminals. With more than 60,000 structures completed throughout its 135+ year history, CB&I has the global expertise and strategically located operations to provide its customers world-class storage solutions for even the most complex energy infrastructure projects. CB&I is owned by a consortium of financial investors led by Mason Capital Management LLC. To learn more, visit www.cbi.com. 

Forward-Looking Statements 

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SOURCE CB&I STS Delaware LLC