CB&I has been awarded a contract valued at approximately US$550 million by Chevron Australia Pty Ltd for the LNG and condensate storage tanks at the Gorgon LNG liquefaction project on Barrow Island in Australia.

CB&I’s scope of work 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. 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 200 kilometers 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.

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