- CB&I (CBI) is awarded two contracts valued at a combined ~$5B to construct the first two trains of the Freeport Liquefaction Project.
- The project scope includes engineering, procurement and construction for the conversion of an existing liquefied natural gas regasification terminal in Freeport, Tex., to a liquefaction terminal; the two-train LNG liquefaction facility will have a total capacity in excess of 8.8M tons/year of LNG.
- CBI +2.5% AH.
CBI wins $5B in contracts for LNG liquefication terminal
Dec 10 2013, 16:22 ET