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Comment Business & Economics

CB&I lands contract for Kearl Oil Sands Expansion Project  

By Gerald Ondrey |

CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded a contract, valued in excess of $750 million, by Imperial Oil Resources Ventures Ltd. for work on the Kearl Expansion Project in Alberta, Canada. CB&I’s work scope on the expansion project includes the engineering, procurement, module assembly and construction of a second bitumen extraction plant, froth tank farms, multiple storage tanks, and six froth settling units. “This award builds on our EPC contract for the Kearl Initial Development project, which we began work on in early 2008,” says Philip K. Asherman, president and CEO. A pdf file is not available for this short news release.
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