CB&I (NYSE:CBI) announced today it has been awarded a contract, valued at approximately $100 million, from Nexen Petroleum U.K. Limited for the topsides detailed design engineering and procurement services for the fourth platform in the Buzzard field complex.
Buzzard is a major offshore field operated by Nexen Petroleum U.K. Limited and is located in the UK Central North Sea, approximately 100 kilometers northeast of Aberdeen, Scotland. CB&I was responsible for providing engineering design and procurement services for the initial three platforms comprising the Buzzard field installation between 2002 and 2007.
CB&I, one of the world’s leading designers of offshore fixed platform facilities, combines proven process technology with global capabilities in engineering, procurement and construction to deliver comprehensive solutions to customers in the energy and natural resource industries. With more than 70 proprietary licensed technologies and 1,500 patents, CB&I is uniquely positioned to take projects from conceptual design, through technology licensing, engineering and construction and final commissioning. Drawing upon the global expertise and local knowledge of approximately 17,000 employees in more than 80 locations, CB&I safely and reliably executes projects worldwide. For more information visit www.CBI.com.
Media: Jan Sieving, +1-832-513-1111
Analysts: Marty Spake, +1-832-513-1245
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