CB&I announced it has received a letter of award from Abu Dhabi National Oil Company (ADNOC), the national oil company of United Arab Emirates (UAE) and the parent company of ADNOC Refining, to build a Crude Flexibility Project (CFP) valued at more than $500 million in Ruwais, UAE.

CB&I is part of a joint venture led by Samsung Engineering Co., Ltd., that will execute the $3.1 billion CFP, which will upgrade the Ruwais Refinery to process heavier offshore crude oil from Upper Zakum fields. CB&I's scope of work includes the engineering and procurement for two atmospheric residue desulfurization units, which were previously licensed by Chevron Lummus Global, a joint venture between Chevron U.S.A. Inc. and CB&I. Additionally, CB&I's scope of work includes the engineering, procurement, fabrication and construction for 14 flat-bottom tanks and ten process heaters. Approximately 40 percent of the value of the project is expected to be spent in the UAE supply chain.

"This award builds on CB&I's proven experience in the refining industry," said Patrick K. Mullen, CB&I's President and Chief Executive Officer. "CB&I and Samsung have a history of successful collaboration and safe execution, and we look forward to working with ADNOC Refining to supply these units that will reduce sulfur, enhancing the ability of Ruwais petroleum products to compete on the world market while meeting stringent international environmental regulations."

About CB&I

CB&I (NYSE:CBI) is a leading provider of technology and infrastructure for the energy industry. With more than 125 years of experience, CB&I provides reliable solutions to our customers around the world while maintaining a relentless focus on safety and an uncompromising standard of quality.

About the Abu Dhabi National Oil Company (ADNOC)

ADNOC is one of the world’s leading oil and gas companies and is fully owned by the government of the Emirate of Abu Dhabi. The company was founded in 1971 and is active in all areas of the oil and gas industry.
It has 17 specialized subsidiaries and joint ventures operating in both upstream and downstream sectors. The ADNOC Group is active in the United Arab Emirates and across the whole world and produces more than 2.7 million boe a day. In the past few years, significant achievements were made in the expansion of the development of gas fields to meet the increased demand from industry gas users; and gas injection requirements in order to enhance the oil and condensate recovery from the producing fields.
While carrying out all its business activities, ADNOC is committed to sustainable development, ensuring a harmonious balance between people’s needs and Earth’s resources, adhering to the best international practices and supporting all programs and initiatives of environment protection while its track record in HSE sets the standard not only at the regional Gulf level but at the international level as well.