CB&I Wins Award for Gas Processing Project in U.A.E.THE WOODLANDS, Texas -- Please replace the release due to multiple revisions with the following corrected version. The corrected release reads: CB&I WINS AWARD FOR GAS PROCESSING PROJECT IN U.A.E. CB&I (NYSE NYSE See: New York Stock Exchange :CBI) has been awarded a lump-sum turnkey contract to design and build liquefied petroleum gas liquefied petroleum gas or LPG, mixture of gases, chiefly propane and butane, produced commercially from petroleum and stored under pressure to keep it in a liquid state. (LPG) storage tanks and a pentane pen·tane n. Any of three colorless, flammable isomeric hydrocarbons, C5H12, derived from petroleum and used as solvents. tank for a natural gas processing Natural gas processing plants, or fractionators, are used to purify the raw natural gas extracted from underground gas fields and brought up to the surface by gas wells. The processed natural gas, used as fuel by residential, commercial and industial consumers, is almost pure expansion project in Ruwais, Abu Dhabi, United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. . The award is valued in excess of US$130 million. CB&I's contract is with Snamprogetti S.p.A., prime EPC contractor for the owner, Abu Dhabi Gas Industries Ltd. (GASCO), which is a subsidiary of Abu Dhabi National Oil Company (ADNOC). GASCO is expanding its existing facility at Ruwais that processes associated and non-associated gas from onshore oil production into marketable natural gas liquids for export. CB&I will be responsible for the engineering, procurement, fabrication and construction of four 83,600 cubic meter nominal capacity concrete full containment LPG tanks, including foundations and piping to grade. Two tanks will store propane and two will store butane. Additionally, CB&I will supply a 76,000 cubic meter nominal capacity atmospheric storage tank for Pentane Plus. Completion of the project is scheduled for mid- 2008. CB&I is one of the world's leading engineering, procurement and construction |
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