US contractor McDermott International’s CB&I Storage Solutions has secured three contracts for the engineering, procurement, fabrication and construction (EPFC) of storage tanks in multiple locations across Saudi Arabia.
The company has secured one large and two sizeable contracts to deliver EPFC services for 38 tanks and 13 spheres.
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According to the US contractor, a sizeable contract awarded to the company is expected to range between $1m and $50m, while a large contract is valued between $50m and $250m.
CB&I Storage Solutions senior vice-president Cesar Canals said: “CB&I Storage Solutions has had a significant presence and strong track record in Saudi Arabia since the 1930s.
“This experience, and our strong partnerships with international contractors and major oil and gas operators, has established us as one of the most reliable providers of storage and EPFC solutions in the country.”
CB&I Storage Solutions is a builder of storage facilities, tanks and terminals.
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By GlobalDataHaving built more than 59,000 structures over its 130-year history, CB&I Storage Solutions is said to have gained enough expertise to provide its customers with advanced solutions for the most complex energy infrastructure projects.
McDermott noted that the contract award will be reflected in the company’s Q1 2020 backlog.
In February this year, McDermott International secured a contract to deliver EPFC services for six floating roof crude oil tanks in Texas.
Last month, McDermott announced the start of commercial production of liquefied natural gas (LNG) at Train 2 of the Cameron LNG project.
