CB&I Awarded Storage Tank Contract in Texas

                 CB&I Awarded Storage Tank Contract in Texas

PR Newswire

THE WOODLANDS, Texas, Aug. 6, 2014

THE WOODLANDS, Texas, Aug. 6, 2014 /PRNewswire/ --CB&I (NYSE:CBI) today
announced it has been awarded a contract valued in excess of $49 million by
Oiltanking Beaumont L.P. The project scope includes the engineering,
procurement, fabrication and construction of 12 internal floating-roof crude
oil storage tanks at Oiltanking's terminal in Beaumont, Texas.

"We currently are finishing crude oil storage tanks for Oiltanking at another
project site in Houston," said Luke Scorsone, President of CB&I's Fabrication
Services operating group. "This award for this fast-tracked project builds on
our long-standing relationship with our customer and their confidence in
CB&I's commitment to safety, quality of work and schedule certainty."

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. With 125 years of
experience and the expertise of approximately 55,000 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
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"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, 2013, 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.

For more information, visit www.cbi.com

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SOURCE CB&I

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