CB&I announced that it has been awarded a contract valued in excess of $60 million by Petrofac Saudi Arabia Co. Ltd. The project scope includes the engineering, procurement and construction of product storage spheres at a grassroots refinery being constructed in Saudi Arabia.

"We currently are constructing crude oil storage tanks for Petrofac at the same project site," said Luke Scorsone, President of CB&I's Fabrication Services operating group. "This new sphere award builds on CB&I's service offerings for our client and the operational excellence we have demonstrated in Saudi Arabia since the 1930s."

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.

About Petrofac

Petrofac is an oilfield service company.
For the last 32 years we have been building our capability, increasing the scale and scope of our service offering. Today, Petrofac can provide services to customers across the entire spectrum of the oil and gas asset life cycle, on either a stand-alone or integrated basis, under flexible commercial models which are tailored to a customer’s needs.