Home Petrochemical McDermott Awarded EPFC Contracts for 38 Storage Tanks in Saudi Arabia

McDermott Awarded EPFC Contracts for 38 Storage Tanks in Saudi Arabia

US-based Oil&Gas firm, McDermott International, stated in a statement that, it’s subsidiary CB&I Storage Solutions has been awarded one large and two sizable agreement for the engineering, procurement, fabrication, and construction, EPFC Contracts for Storage Tanks.

The EPFC contracts are for 38 tanks and 13 spheres in different locations across Saudi Arabia.

“CB&I Storage Solutions has had a significant existence and strong track record in Saudi Arabia since the 1930s,” said Cesar Canals, senior vice president of CB&I Storage Solutions. “This experience, and our strong partnerships with international contractors and general oil & 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 the world’s leading designer and builder of storage facilities, tanks and terminals. With more than 59,000 structures completed throughout its 130 years history, CB&I Storage Solutions has the global expertise and strategically-located operations to provide its customers with world-class storage solutions for even the most complex energy infrastructure projects.

McDermott defines a sizeable contract as between USD $1 million and $50 million and a large contract as between USD $50 million and $250 million, the statement added.

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