Chicago Bridge & Iron Company N.V. (CBI) Message Board

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Gold/Mining/Energy : Chicago Bridge & Iron Company N.V. (CBI)

CBI 16.39

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May 11 5:00 PM EST

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From: JakeStraw	8/30/2005 9:40:37 AM
	of 55

Chicago Bridge & Iron Wins LPG Contract biz.yahoo.com Tuesday August 30, 9:16 am ET Chicago Bridge & Iron Wins $130 Million LPG Contract in Abu Dhabi, United Arab Emirates THE WOODLANDS, Texas (AP) -- Engineering and construction company Chicago Bridge & Iron Co. said Tuesday it won a contract worth more than $130 million to design and build liquefied petroleum gas storage tanks in United Arab Emirates' capital Abu Dhabi. The contract is with Snamprogetti SpA., a contractor for Abu Dhabi National Oil Co. subsidiary Abu Dhabi Gas Industries Ltd. GASCO is expanding an existing facility processing associated and non-associated gas from onshore oil production into natural gas liquids for export, the company said. The contract calls for Chicago Bridge to head the engineering, procurement, fabrication and construction of four 83,600 cubic meter tanks that will store propane and butane. The project is scheduled to be completed in mid-2008.

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