CB&I announced it has been awarded a contract valued at approximately $60 million by JGSK JV, a joint venture between JGC Corp., GS E&C and SK E&C. The project scope includes the engineering, procurement, fabrication and construction of 39 storage tanks and 2 spheres for the Clean Fuel Project (CFP), a major initiative of Kuwait National Petroleum Company (KNPC) to upgrade and expand two existing KNPC refineries.

"This award underlines the confidence our clients have in CB&I's commitment to safety, reliability and on-time solutions for complex projects," said Luke Scorsone, President of CB&I's Fabrication Services operating group. "CB&I has a long history of experience for new construction and reconstruction work in Kuwait, and our infrastructure and capabilities in the Middle East will allow us to execute the scope of work outlined for the CFP safely, efficiently and at the highest quality."

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 54,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality.