CB&I inks $300mn EPC contract for new US natgas processing plant
CB&I has been awarded a contract in excess of $300 million for a new natural gas processing plant in the northeast US, the company said on Tuesday.
CB&I’s work scope includes the engineering, procurement and construction of a 200 million cubic foot/day natural gas processing plant, including full fractionation and treatment capabilities, storage tanks and loading systems.
In addition, CB&I’s Lummus Technology business sector is providing its proprietary NGL-Max recovery technology, the company said.
The contract is scheduled for completion in 2012.
“This contract is a great example of CB&I’s ability to leverage the synergy of our technology, storage and EPC capabilities to provide a single-source solution to natural gas producers,” said Philip K. Asherman, CEO.
“As gas production ramps up in US shale basins, we are well positioned to support the infrastructure development needs of these strategically important projects.”
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