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Daewoo Engineering Selects CB&I to Build Storage Tanks in the Middle East

CB&I (NYSE: CBI) announced today that it has been awarded a contract, valued in excess of US$60 million, by Daewoo Engineering and Construction Co. Ltd. for the construction of several storage tanks for the Ruwais Refinery expansion project in Abu Dhabi.

Takreer, a subsidiary of ADNOC, is expanding the refinery to add 400,000 barrels per day capacity.

Source: http://www.CBI.com

<small>Posted 11th November 2010</small>

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