CB&I Announces Storage Tank Project in the Bahamas

THE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE:CBI) announced that it has been awarded a storage tank project, valued in excess of US$40 million, by Bahamas Oil Refining Company International Limited.

CB&I’s scope of work includes the engineering, procurement, fabrication and construction of 14 oil storage tanks, with a total capacity of approximately 3.5 million barrels, in Freeport, Grand Bahamas. CB&I’s contract is scheduled for completion in the second quarter of 2012.

Bahamas Oil Refining Company is owned by Buckeye Partners, L.P. (NYSE: BPL).

About CB&I

CB&I (NYSE:CBI) engineers and constructs some of the world’s largest energy infrastructure projects. With premier process technology, proven EPC expertise, and unrivaled storage tank experience, CB&I executes projects from concept to completion. Safely. Reliably. Globally. For more information, visit www.cbi.com.