CB&I to Provide Turnkey Offshore Oil/Water Separation Facility to Occidental Petroleum of Qatar.Business/Energy Editors DUBAI, United Arab Emirates--(BUSINESS WIRE)--June 13, 2002 CBI CBI abbr. cumulative book index CBI Confederation of British Industry CBI n abbr (= Confederation of British Industry) → C.E.O.E. Eastern Anstalt, the primary Middle Eastern subsidiary of Chicago Bridge & Iron Company N.V. (NYSE NYSE See: New York Stock Exchange :CBI), has been awarded a lump sum Lump sum A large one-time payment of money. turnkey contract by Occidental Petroleum of Qatar (Occidental) for the engineering, procurement and construction  The introduction to this article is vague. To comply with Wikipedia's guidelines, it should be improved. of new oil/water separation facilities offshore of Qatar. Known as the PS-1 Produced Water Handling Facilities (PWHF PWHF Plane-Wave Hartree-Fock ) on Halul Island, CB&I will have turnkey responsibility for the engineering, procurement, installation and commissioning (EPIC) of new oil/water separation facilities for crude oil and produced water from Occidental's offshore PS-1 production complex. The facilities will be able to process up to 435,000 barrels per day Barrels per day (abbreviated BPD, bbl/d, bpd, bd or b/d) is a measurement used to describe the amount of crude oil (measured in barrels) produced or consumed by an entity in one day. of liquids. The project involves the construction of two 150,000 barrel capacity separation tanks, crude oil pumping and fiscal metering facilities, pumping and filtration facilities, a remote flare system, a local equipment and control room and associated facilities. CBI Eastern Anstalt will be responsible for the engineering, supply and on-site construction of the facilities. Completion of the project is expected in the fall of 2003. The Halul Island PWHF Project is part of Occidental's ongoing development of the Idd El Shargi North Dome and South Dome offshore oil fields located approximately 80 kilometers northeast of Doha in the territorial waters of the State of Qatar. "We are pleased Occidental has awarded this EPIC work to CB&I," stated Gerald M. Glenn, Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "CB&I first executed work in Qatar in 1969. Since then, we have accomplished dozens of projects in country and we are proud to have played an important role in the development and expansion of the Qatari oil and gas industry." CB&I is a global specialty engineering and construction company offering a complete package of design, engineering, fabrication, construction and maintenance services. Our products include hydrocarbon processing plants, LNG terminals and peak shaving plants, bulk liquid terminals, water storage and treatment facilities, and other steel structures and their associated systems. Information about CB&I is available at www.chicagobridge.com. |
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