In May 2011 CBI was awarded an additional project, valued at approximately US$50 million, for storage tanks at an oil sands project near Fort McMurray, Alberta, Canada. CB&I's scope of work includes the engineering, procurement, fabrication and construction of 12 cone roof tanks at the oil sands project. CB&I's contract is scheduled for completion in 2013. CBI is already providing engineering, procurement and construction work on Imperial Oil's Kearl oilsands project near Fort McMurray. "The value of CB&I's work scope is in excess of $900 million, which includes $500 million of incremental work releases booked prior to 2011, "CB&I will be responsible for the EPC execution of the bitumen extraction plant and tank farms, as well as the design, supply and construction of additional storage vessels, all of which are expected to be completed in the third quarter of 2012." Click Here For Complete News Release Text
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