CB&I Announces Storage Tank Project in the Bahamas that is Valued in Excess of $40M

CB&I CBI announced that it has been awarded a storage tank project,valued in excess of US$40 million, by Bahamas Oil Refining Company International Limited. CB&I's scope of work includes the engineering, procurement, fabrication and construction of 14 oil storage tanks, with a total capacity of approximately 3.5 million barrels, in Freeport, Grand Bahamas. CB&I's contract is scheduled for completion in the second quarter of 2012. Bahamas Oil Refining Company is owned by Buckeye Partners, L.P. BPL.