CB&I Awarded Engineering Contract for Golden Eagle Offshore Platforms

CB&I

announced today that it has been awarded a contract valued at approximately $150 million by Nexen Petroleum U.K. Limited for the detailed engineering of two fixed platforms for the Golden Eagle field in the U.K. sector of the North Sea. CB&I's scope of work includes detailed engineering design for the topsides facilities of a wellhead platform and a production utilities and quarters platform. CB&I's contract is expected to be completed by year-end 2012. CB&I recently completed the front-end engineering design for the project.