CB&I (CBI) Gets $60M Storage Tank Contract from Battleground Oil
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CB&I (NYSE: CBI) announced today that it has been awarded a contract, valued in excess of US$60 million, by Battleground Oil Specialty Terminal Company, LLC (BOSTCO) for the engineering, procurement, fabrication and construction of storage tanks and associated works for its grassroots black oil storage terminal on the Houston Ship Channel. The work is scheduled for completion in 2013. BOSTCO is a subsidiary of Kinder Morgan Energy Partners, L.P. (NYSE: KMP).
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