CB&I (CBI) Gets $750M Contract for Kearl Expansion Project Work

January 18, 2012 7:01 AM EST
CB&I (NYSE: CBI) announced today that it has been awarded a contract, valued in excess of US$750 million, by Imperial Oil Resources Ventures Ltd. for work on the Kearl Expansion Project in Alberta, Canada.

CB&I’s work scope on the expansion project includes the engineering, procurement, module assembly and construction of a second bitumen extraction plant, froth tank farms, multiple storage tanks, and six froth settling units.


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