Press Release Detail

THE WOODLANDS, Texas, Feb.19, 2014 /PRNewswire/ --  CB&I (NYSE: CBI) announced today it has received an award valued at approximately $370 million by the Kuwait National Petroleum Company (KNPC) for its Clean Fuels Project at the Mina Abdullah I refinery in Kuwait.

CB&I is part of a joint venture led by Petrofac International Ltd., along with Samsung Engineering Co., Ltd., that will execute the Mina Abdullah I refinery project. CB&I's project scope includes engineering and procurement for two atmospheric residue desulfurization units, which were previously licensed by Chevron Lummus Global, a joint venture between CB&I and Chevron.

The Clean Fuels Project is one of KNPC's major investment projects to upgrade the Mina Abdullah and Mina Al-Ahmadi refineries in order to reach a daily production target of 800,000 BPSD from the current 736,000 BPSD.

"This award builds on CB&I's proven experience in the refining industry," said Patrick K. Mullen, President of CB&I's Engineering, Construction and Maintenance operating group. "The installation of these units will reduce sulfur, enhancing the ability of Kuwaiti petroleum products to compete on the world market and meet stringent international environmental regulations."

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. Drawing upon more than a century of experience and the expertise of approximately 50,000 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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SOURCE CB&I