Breaking

BofA's Countrywide Is Ordered to Pay $1.3B for Defective Loans
Tweet TWEET

CB&I Announces Bitumen Refinery Tank Award

                  CB&I Announces Bitumen Refinery Tank Award

PR Newswire

THE WOODLANDS, Texas, Dec. 23, 2013

THE WOODLANDS, Texas, Dec. 23, 2013 /PRNewswire/ -- CB&I (NYSE:CBI) announced
today it has been awarded a contract valued in excess of $55million by the
North West Redwater Partnership (NWRP), a joint venture between North West
Upgrading Inc. and Canadian Natural Upgrading Ltd. CB&I will provide
engineering, procurement and construction services for 18 storage tanks for
bitumen feedstock and finished products for phase one of NWRP's new grassroots
refinery in Sturgeon County, Alberta, Canada.

"This award builds on CB&I's proven expertise in storage tank design and
construction for the refining industry," said Luke Scorsone, President of
CB&I's Fabrication Services operating group. "It also continues CB&I's
extensive legacy in Canada, where we have been operating for over a century."

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.

(Logo: http://photos.prnewswire.com/prnh/20130430/DA04155LOGO)

SOURCE CB&I

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