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The Chicago Bridge & Iron Company (CB&I) has announced that it has been awarded a US$550 million contract by Chevron to construct the LNG and condensate storage tanks at the $37 billion Gorgon LNG liquefaction project on Barrow Island in Australia.
The scope of works for the Netherlands-based contractor includes the engineering, procurement, fabrication and construction of two 180,000 cubic meter full containment LNG tanks, four condensate tanks and the associated piping, electrical, instrumentation and civil works.
“This award, our fourth major LNG project in Australia in the past few years, demonstrates our technical expertise and proven experience in the LNG industry, and capitalizes on CB&I’s 75 year history in Australia,” Philip K. Asherman, president and CEO of CB&I said.Â
CB&I’s portion of the project is scheduled to be completed in the third quarter of 2013.
The Gorgon Project is a joint venture between the Australian subsidiaries of Chevron (Operator), ExxonMobil and Shell, to develop the Greater Gorgon gas fields, located between 130km and 200km off the northwest coast of Western Australia.
The Greater Gorgon gas fields, Australia’s largest-known gas resource, contains about 40 trillion cubic feet of gas.