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CB&I Awarded Storage Contract In Saudi Arabia

                CB&I Awarded Storage Contract In Saudi Arabia

PR Newswire

THE WOODLANDS, Texas, Nov. 21, 2013

THE WOODLANDS, Texas, Nov. 21, 2013 /PRNewswire/--CB&I (NYSE:CBI) announced
today it has been awarded a contract valued in excess of $70 million by
Petrofac Saudi Arabia Co. Ltd. The project scope includes the engineering,
procurement and construction of crude oil storage tanks at a grassroots
refinery being constructed in Saudi Arabia.

"CB&I has provided tank and plate structure engineering, procurement,
fabrication and construction services for projects in Saudi Arabia since the
1930s," said Luke Scorsone, President of CB&I's Fabrication Services operating
group. "Today, we operate a world-class fabrication facility, equipment yard
and project office in Saudi Arabia. This presence, along with our commitment
to local clients, has led to safe, high-quality and reliable performance in
Saudi Arabia over the last eight decades."

About CB&I
CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in
the world and a major provider of government services. Drawing upon more than
a century of experience and the expertise of approximately 50,000 employees,
CB&I provides reliable solutions while maintaining a relentless focus on
safety and an uncompromising standard of quality. For more information, visit
www.cbi.com.

Important Information For Investors And Shareholders

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements regarding CB&I and
represents our expectations and beliefs concerning future events. These
forward-looking statements are intended to be covered by the safe harbor for
forward-looking statements provided by the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve known and unknown risks
and uncertainties. When considering any statements that are predictive in
nature, depend upon or refer to future events or conditions, or use or contain
words, terms, phrases or expressions such as "achieve," "forecast," "plan,"
"propose," "strategy," "envision," "hope," "will," "continue," "potential,"
"expect," "believe," "anticipate," "project," "estimate," "predict," "intend,"
"should," "could," "may," "might" or similar forward-looking statements, we
refer you to the cautionary statements concerning risk factors and
"Forward-Looking Statements" described under "Risk Factors" in Item 1A of our
Annual Report filed on Form 10-K filed with the SEC for the year ended
December 31, 2012, and any updates to those risk factors or "Forward-Looking
Statements" included in our subsequent Quarterly Reports on Form 10-Q filed
with the SEC, which cautionary statements are incorporated herein by
reference.

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SOURCE CB&I

Website: http://www.cbi.com
Contact: Media: www.CBI.com, Investors: Christi Thoms, +1 832 513 1200