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Gold/Mining/Energy : Chicago Bridge & Iron Company N.V. (CBI)
CBI 16.390.0%May 11 4:00 PM EDT

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From: Savant7/22/2014 11:15:31 AM
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CB&I Announces Heater Award in Oman
THE WOODLANDS, Texas, July 18, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) announced today it has been awarded a contract valued in excess of $50 million by Daelim-Petrofac JV for the design and supply of delayed coking, hydrocracking, crude and vacuum heaters and a steam reformer for the Oman Refineries and Petrochemicals Company LLC (Orpic) project located in Sohar, Oman.

Under separate contracts with Orpic, CB&I provided the process technology for the delayed coker unit and its Chevron Lummus Global joint venture provided the technology for the hydrocracker unit. CB&I also performed the FEED, as previously announced, and is serving as project management consultant to Orpic for the project.

"We have successfully executed a range of projects for Orpic," said Daniel McCarthy, President of CB&I's Technology operating group. "This is another contract that emphasizes our ability to provide a complete supply chain solution for our customers."

About CB&I

CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. With 125 years of experience and the expertise of approximately 55,000 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.

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